PropertyEU

Prologis to create Japanese REIT

By A staff reporter 2012-12-13T00:00:00

Prologis has confirmed plans to create a Japanese real estate investment trust (J-REIT). The board of the New York-listed owner, operator and developer of industrial real estate has approved the move to sponsor the J-REIT as a long-term investment vehicle for modern logistics facilities developed by Prologis in Japan.

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