Better Buy: STAG Industrial or Prologis?
Two of the hottest industrial real estate investment trusts (REITs), STAG Industrial (NYSE: STAG) and Prologis (NYSE: PLD), recently reported their full-year 2022 earnings, giving a glimpse at what could lie ahead for the red-hot industry.
Both companies have benefited from low supply and high demand for industrial real estate over the last few years, but with the economy slowing, it seems one may be faring better than the other. If you're wondering which stock is the better buy between the two right now, let's take a look at each company and see which one comes out ahead.
Both companies own and lease various types of industrial real estate, ranging from warehouses, manufacturing buildings, third-party logistics centers, and distribution facilities. STAG Industrial operates exclusively in the United States, while Prologis has a global footprint, leasing industrial properties in South America, Asia, and Europe. With interest or ownership in nearly 5,500 industrial buildings, Prologis's portfolio is over 10 times the size of STAG Industrial, which has interest and ownership in just over 560 buildings.
Source Fool.com
