REXR and PLD Update Q2 2024
There were no big surprises in the numbers for Prologis (PLD) PLD 0.00%↑ or Rexford (REXR) REXR 0.00%↑.
Guidance was nearly unchanged. Here are the changes:
PLD: Tightened range for Core FFO excluding net promote income. Old range: $5.45 to $5.55. New range: $5.46 to $5.54. Same midpoint at $5.50.
REXR: Raised bottom end of range for Core FFO. Old range: $2.31 to $2.34. New ra…