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Author Bio
Began my career as a trader for NYC hedge fund Elliott Management. Worked for Bear, Stearns in London as a trader, then became an analyst at several hedge funds. Currently CFO for a mortgage bank. Also author a daily blog on real estate called The Daily Tearsheet www.thedailytearsheet.com
Follow @TMFBrentNyitray
While 2020 has been a year to forget for most real estate investment trust (REIT) stocks, there have been a few bright spots. Data REITs and cell tower REITs have done well, as have the logistics REITs.
Prologis (NYSE:PLD) is the leader of the logistics REITs and has benefited directly from the COVID-19 crisis. Increased online shopping has increased the demand for storage space, especially near major cities. In order to provide satisfactory delivery times, inventory has to be held as close to the customer as possible. Prologis owns the properties where this inventory is stored.  ....

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