Nippon Prologis Reit targets $378m in follow-on

Books open for a 167,000 unit sale in Nippon Prologis Reit, the latest J-Reit looking to tap capital markets.

Nippon Prologis Reit (NPR), a real estate investment trust set up by the world’s largest owner of industrial buildings, aims to raise up to ¥39.3 billion ($378 million) in a follow-on offering.  

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