Nippon Prologis REIT, Inc. Provides Earnings Guidance for the Fiscal Periods Ending May 31, 2024 and November 30, 2024
January 18, 2024 at 01:00 am EST
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Nippon Prologis REIT, Inc. provided earnings guidance for the fiscal periods ending May 31, 2024 and November 30, 2024. For the period ending May 31, 2024, the company expects operating revenues of JPY 30,438 million, operating income of JPY 13,483 million and net income of JPY 12,230 million.
For the period ending November 30, 2024, the company expects operating revenues of JPY 30,860 million, operating income of JPY 13,401 million and net income of JPY 12,148 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.