Nippon Prologis REIT, Inc. Provides Earnings Guidance for the Six Months Period Ending November 30, 2021
January 20, 2021 at 12:00 pm IST
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Nippon Prologis REIT, Inc. provided earnings guidance for the six months period ending November 30, 2021. For the period, the company now expects to report operating revenues of JPY 25,408 million, operating income of JPY 11,802 million and net income of JPY 11,015 million.
Nippon Prologis REIT Inc. is a Japan-based real estate investment trust (REIT). It aims to achieve sustainable growth in asset and stable earnings from mid- to long-term perspectives. The REIT mainly invests in logistic facilities, focusing on A class logistic facilities. Its portfolio included Prologis Park Ichikawa 1, Prologis Park Zama 1 , Prologis Park Kawajima , Prologis Park Osaka 2, Prologis Park Maishima 3 , Prologis Park Kasugai, Prologis Park Maishima 4, Prologis Park Kitanagoya, Prologis Park Tagajo and Prologis Park Takatsuki, among others. The asset manager of the REIT is Prologis REIT Management K.K.