Nippon Prologis REIT, Inc. Provides Earnings Guidance for the Fiscal Periods Ending May 31, 2023 and November 30, 2023
January 18, 2023 at 01:30 am
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Nippon Prologis REIT, Inc. provided earnings guidance for the fiscal periods ending May 31, 2023 and November 30, 2023. For the period ending May 31, 2023, the company expects operating revenues of JPY 28,883 million, operating income of JPY 12,368 million and net income of JPY 11,171 million. Forecasted net income per unit for the fiscal period ending May 31, 2023 to be JPY 4,072.
For the period ending November 30, 2023, the company expects operating revenues of JPY 29,529 million, operating income of JPY 12,506 million and net income of JPY 11,364 million. Forecasted net income per unit for the fiscal period ending Nov. 30, 2023 to be JPY 4,133.
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. 
