Nippon Prologis REIT, Inc. Provides Earnings Guidance for the Six Months Ending May 31, 2022; Provides Earnings Guidance for the Year Ending November 30, 2022
January 17, 2022 at 06:00 am
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Nippon Prologis REIT, Inc. provided earnings guidance for the six months ending May 31, 2022. For the six months, the company expects operating revenues of JPY 26,793 million, operating income of JPY 11,990 million, net income of JPY 11,058 million or JPY 4,141.
For the year ending November 30, 2022, the company expects operating revenues of JPY 27,484 million, operating income of JPY 12,003 million, net income of JPY 11,111 million or JPY 4,161.
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. Provides Earnings Guidance for the Six Months Ending May 31, 2022; Provides Earnings Guidance for the Year Ending November 30, 2022