Nippon Prologis REIT, Inc. Revises Earnings Guidance for the Fiscal Period Ending May 31, 2022
November 29, 2021 at 01:15 am EST
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Nippon Prologis REIT, Inc. revised its forecast for the fiscal period ending May 31, 2022. For the period, the company has expected Operating revenues of JPY 26,793 million against JPY 25,261 million expected earlier, Operating income of JPY 12,000 million against JPY 11,416 million expected earlier. Net income of JPY 11,060 million against JPY 10,618 million expected earlier.
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. 
