Nippon Prologis REIT property, Prologis Park Iwanuma 1. (Photo: Google Maps)

Nippon Prologis REIT (NPR) has provided an estimate of losses that it might incur from the fire that destroyed its property in Miyagi.

The property, Prologis Park Iwanuma 1, caught fire on 30 April and the resulting inferno burned over several days till 4 May.

Related: Nippon Prologis REIT loses building in Miyagi to fire

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.