Industrial REITs
Riding the e-commerce wave, industrial REIT performance has been relentless over the past half-decade as retailers and logistics providers have invested heavily in supply chain densification and physical distribution networks in a relentless "need for speed" arms race.
Perhaps only overshadowed by the residential REIT sector, industrial REITs continue to enjoy some of the strongest property-level fundamentals across the real estate sector, highlighted by average same-store NOI growth near 5% per year since 2015.
Symbol | Company | Property Sector | Market Cap ($B) | Dividend Yield (%) |
|---|---|---|---|---|
PLD | Prologis | Industrial REIT | 91.32 | 2.04 |
DRE | Duke Realty | Industrial REIT | 18.43 | 2.08 |
COLD | Americold | Industrial REIT | 9.73 | 2.29 |
REXR | Rexford Industrial | Industrial REIT | 8.32 | 1.65 |
FR | First Industrial | Industrial REIT | 6.91 | 2.02 |
EGP | EastGroup Properties | Industrial REIT | 6.78 | 1.86 |
STAG | STAG Industrial | Industrial REIT | 6.17 | 3.76 |
TRNO | Terreno Realty | Industrial REIT | 4.55 | 1.76 |
PSB | PS Business Parks | Industrial REIT | 4.2 | 2.75 |
LXP | Lexington Realty | Industrial REIT | 3.57 | 3.54 |
MNR | Monmouth Industrial | Industrial REIT | 1.83 | 3.86 |
ILPT | Industrial Logistics | Industrial REIT | 1.72 | 5 |
PLYM | Plymouth Industrial | Industrial REIT | 0.6 | 4.14 |
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