trending Market Intelligence /marketintelligence/en/news-insights/trending/H5fyPa038lQG6A6wqo5eYQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Nippon Prologis REIT prices investment units

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

Nippon Prologis REIT prices investment units

Nippon Prologis REIT Inc. priced its investment units in its domestic and international placement at ¥222,460 apiece, including the overallotment option, Prologis Inc. said in a release.

The offering comprises 35,420 units in a domestic placement and 28,980 units in an international placement.

The net proceeds from the issuance, previously estimated to be ¥13.7 billion, will be used to repay bridge loans that were used to finance the acquisition of three class A properties for roughly ¥30.6 billion.

The issuance is expected to close Dec. 19 in Japan.

As of Dec. 9, US$1 was equivalent to ¥115.18.