Nippon Prologis REIT, Inc. Announces Surplus Cash Distribution for the Period Ended November 30, 2022, Payable on February 15, 2023; Provides Surplus Cash Distribution Guidance for the Periods Ending May 31, 2023 and November 30, 2023
January 18, 2023 at 01:30 am EST
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Nippon Prologis REIT, Inc. announced surplus cash distribution for the period ended November 30, 2022 of JPY 794 per unit. Scheduled date for commencement of distributions payments is February 15, 2023.
For the period ending May 31, 2023, the company expects surplus cash distribution of JPY 866 per unit.
For the period ending November 30, 2023, the company expects surplus cash distribution of JPY 829 per unit.
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.
Nippon Prologis REIT, Inc. Announces Surplus Cash Distribution for the Period Ended November 30, 2022, Payable on February 15, 2023; Provides Surplus Cash Distribution Guidance for the Periods Ending May 31, 2023 and November 30, 2023