Nippon Prologis REIT Prologis Park Amagasaki 3

Japan-listed Nippon Prologis REIT is further diversifying its tenants, and the types of leases that it is exposed to.

The REIT presently has a portfolio of 46 properties across Japan.

At this time, Nippon Prologis REIT’s portfolio occupancy is at 99%, with a weighted average lease expiry (WALE) of 4.6 years.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.