Nippon Prologis REIT, Inc. Provides Earnings Guidance for the Fiscal Period Ending November 30, 2021 and May 31, 2022
July 15, 2021 at 02:00 am EDT
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Nippon Prologis REIT, Inc. provided earnings guidance for the fiscal period ending November 30, 2021 and May 31, 2022. For the period ending November 30, 2021, the company expected operating revenues to be JPY 25,466 million. Operating income to be JPY 11,696 million. Net income to be JPY 10,907 million. Net income per unit to be JPY 4,224.
For the period ending May 31, 2022, the company expected total revenue to be JPY 25,261 million. Operating income to be JPY 11,416 million. Net income to be JPY 10,618 million. Net income per unit to be JPY 4,112.
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. 
