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 | 98.53 | 1.89 |
DRE | Duke Realty | Industrial | 19.15 | 2.02 |
COLD | Americold | Industrial | 9.22 | 2.49 |
REXR | Rexford Industrial | Industrial | 8.32 | 1.59 |
EGP | EastGroup Properties | Industrial | 7.06 | 2.06 |
FR | First Industrial | Industrial | 7.01 | 1.99 |
STAG | STAG Industrial | Industrial | 6.73 | 3.49 |
TRNO | Terreno Realty | Industrial | 4.66 | 2.06 |
PSB | PS Business Parks | Industrial | 4.34 | 2.66 |
LXP | Lexington Realty | Industrial | 3.79 | 3.15 |
MNR | Monmouth Industrial | Industrial | 1.86 | 3.81 |
ILPT | Industrial Logistics | Industrial | 1.7 | 5.08 |
PLYM | Plymouth Industrial | Industrial | 0.75 | 3.64 |
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