Nippon Prologis REIT, Inc. Provides Earnings Guidance for the Fiscal Period Ending November 30, 2020 and May 31, 2021
July 22, 2020 at 02:00 am EDT
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Nippon Prologis REIT, Inc. provided earnings guidance for the fiscal period ending November 30, 2020 and May 31, 2021. For the period ending November 30, 2020, the company expected total revenue to be JPY 23,612 million. Operating income to be JPY 11,068 million. Net income to be JPY 13,186 million. Net income per unit to be JPY 5,347.
For the period ending May 31, 2021, the company expected total revenue to be JPY 23,269 million. Operating income to be JPY 10,793 million. Net income to be JPY 9,962 million. Net income per unit to be JPY 4,040.
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. 