Letters by company
Prologis
6 letters discussing PLD1. Everything written about it on this site is on its ticker page.
- Third Avenue Management Real Estate Value Fund The Real Estate Value Fund increased Brookdale Senior Living, Lennar and Savills, arguing that operational improvements, land-light homebuilding and the Eastdil Secured combination could narrow valuation discounts. It also expects a revised Prologis offer for Segro and sees mortgage-finance reform as a potential catalyst for Fannie Mae and Freddie Mac. quarter ended June 30, 2026 0IKZ 0IL0 BKD $2.2B
- Third Avenue Management Third Avenue Real Estate Value Fund Portfolio Manager Commentary The Third Avenue Real Estate Value Fund increased Brookdale Senior Living, Lennar and Savills, arguing that operational improvements, land-light homebuilding and Savills’ Eastdil Secured combination could close discounts to intrinsic value. The fund also backed a revised Prologis offer for Segro and retained exposure to Fannie Mae and Freddie Mac amid possible conservatorship reform. Q2 2026 0IKZ 0IL0 0JU0
- Third Avenue Management Real Estate Value Fund Q226 Third Avenue Real Estate Value Fund added to Brookdale Senior Living, Lennar and Savills, arguing that operational improvements, a land-light homebuilding model and Savills’ Eastdil Secured combination could narrow valuation discounts. The fund also expects a revised Prologis offer for Segro and favors global real estate platforms with conservative balance sheets over concentrated, expensive U.S. REIT benchmarks. quarter ended June 30, 2026 0IKZ 0IL0 BKD $2.2B
- Davis Real Estate Fund Davis Real Estate Fund Annual Review 2026 Davis Real Estate Fund attributes its benchmark shortfall to exiting Welltower while maintaining a large Alexandria position through a deep life-science downturn. The fund is refining benchmark and valuation analysis while retaining convictions in apartments, select office REITs, industrials, London office properties and cautiously sized data-center holdings. the year ended December 31, 2025 ARE $7.9BWELL $181BBXP $11B
- Third Avenue Management Third Avenue International Real Estate Value Fund Portfolio Manager Commentary Third Avenue International Real Estate Value Fund added Spanish homebuilder Neinor Homes and Australian logistics platform Dexus Industria, extending its bets on undersupplied housing and industrial property. The team argues that international listed real estate trades at an unsustainable discount to U.S. REITs despite stronger underlying earnings growth and potential catalysts from M&A and capital rotation. Q2 2026 DXI $524MNNRHF $2BTAGOF $2.5B
- Fairtree Asset Management Fairtree Global Listed Real Estate Fund Q2 2026 commentary Fairtree Global Listed Real Estate Fund reduced its US underweight, took profits in Segro following Prologis’s approach, exited Healthpeak Properties and added Mitsui Fudosan after its sell-off. The portfolio remains positioned for external growth in net lease, industrial fundamentals and data-centre demand while assessing Asian value opportunities. Q2 2026 —
