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Nippon Prologis REIT to sell Prologis Park Joso for JPY 8.7 billion
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Nippon Prologis REIT to sell Prologis Park Joso for JPY 8.7 billion
  • Nippon Prologis REIT signed a deal to sell its Prologis Park Joso trust beneficiary interest for JPY 8.7 billion.
  • Transfers set in two 50% tranches: Oct. 1, 2026 for JPY 4.35 billion; Dec. 1, 2026 for JPY 4.35 billion.
  • Anticipated book value at disposal JPY 5.89 billion, implying a JPY 2.81 billion premium to book value.
  • Asset is a multi-tenant logistics facility in Joso, Ibaraki; occupancy stood at 50.4% as of May 31, 2026.
  • Sale proceeds earmarked for capital allocation initiatives targeting 3% annual stabilized distribution per unit growth.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nippon Prologis REIT Inc. published the original content used to generate this news brief on August 28, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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