Nippon Prologis Reit raises $375m in follow-on

The Reit set up by the world's largest owner of industrial buildings will use the proceeds to repay bridge loans.
Prologis is the world’s largest owner of industrial buildings
Prologis is the world’s largest owner of industrial buildings

Nippon Prologis Reit (NPR), the real estate investment trust set up by the world’s largest owner of industrial buildings, has raised ¥39.9 billion ($375 million) from a follow-on offering.

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