Nippon Prologis REIT's Prologis Park Osaka 2 (Photo: Nippon Prologis REIT)Nippon Prologis REIT's Prologis Park Osaka 2 (Photo: Nippon Prologis REIT)

Nippon Prologis REIT announced on 5 March that it is carrying out a prepayment of JPY4,000 million in short-term bank loans.

These are originally borrowed from Sumitomo Mitsui Banking Corporation, MUFG Bank, and Mizuho Bank Ltd, said the REIT.

Related: Nippon Prologis REIT to buy back JPY10,000 million in units amid plump cash reserves

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By Shariffa Al-Habshee

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