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Property Management
Sure, I can provide some general information about public property management companies that are listed on major U.S. stock exchanges.
One company that you may be interested in is Realty Income Corporation (O), which is a real estate investment trust (REIT) that specializes in the acquisition and management of single-tenant commercial properties. The company has a market capitalization of over $24 billion and is listed on the NASDAQ stock exchange.
Realty Income Corporation has a strong track record of earnings and growth, having reported consistent increases in funds from operations (FFO) over the past several years. In 2020, the company reported FFO of $1.05 per share, up from $1.02 per share in 2019. The company's stock has also performed well over the past year, with a total return of over 22% as of March 24, 2021.
Another property management company to consider is Prologis, Inc. (PLD), which is a leading global owner, operator, and developer of logistics real estate. Prologis is listed on the New York Stock Exchange and has a market capitalization of over $67 billion.
Prologis has also reported strong earnings and growth, with FFO per share of $3.09 in 2020, up from $2.95 in 2019. The company has also been actively acquiring new properties, having invested over $8.5 billion in new development projects in 2020. Prologis' stock has performed well over the past year, with a total return of over 27% as of March 24, 2021.
It's important to note that investing in individual stocks always carries risk, and it's important to do your own research and consider seeking advice from a financial advisor before making any investment decisions. However, both Realty Income Corporation and Prologis, Inc. have strong track records of earnings and growth and may be worth considering for investors interested in property management companies.