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 has completed a substantial share buyback programme.

The REIT is a Tokyo-listed landlord that owns a portfolio of mostly logistics-related assets across Japan.

In its recently concluded buyback programme, the REIT purchased 42,531 investment units over a three-month period and its worth nearly JPY10 billion.

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By Shariffa Al-Habshee

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