Semiannual Report｜Investor Relations｜Nippon Prologis REIT, Inc.

Investment
Highlights

Green Equity Offering and New Acquisitions Closed
in December 2022

  • Total Acquisition Price

    0 billion yen

  • Total Equity Capital Raised

    0 billion yen

  • Average NOI Yeild

    0 %

Eligible Green Projects

  • Prologis Park Inagawa 1
    (50% Co-ownership interest)

    Multi-Tenant

    Prologis Park Inagawa 1
    Acquisition Price
    JPY 27,900 mn
    NOI Yield
    4.4%

  • Prologis Park Kobe 3

    Multi-Tenant

    Prologis Park Kobe 3
    Acquisition Price
    JPY 9,580 mn
    NOI Yield
    4.4%

  • Prologis Park Ogori

    Build-to-Suit

    Prologis Park Ogori
    Acquisition Price
    JPY 5,920 mn
    NOI Yield
    4.5%

NPR Portfolio and Acquisition Pipeline

Tokyo Metropolitan Area

Tokyo Metropolitan Area

Osaka Metropolitan Area

Osaka Metropolitan Area

NPR Portfolio

Earnings Stability from a Diversified Portfolio of Class-A Facilities

  • By Facility Type

  • By Geography

  • By Property Age

  • By Leasable Area

100% High Quality Class-A Logistics Properties

  • M-01
    Prologis Park Ichikawa 1
    JPY 33,900 million
  • M-02
    Prologis Park Zama 1
    JPY 27,900 million
  • M-03
    Prologis Park Kawajima
    JPY 25,600 million
  • M-04
    Prologis Park Osaka 2
    JPY 25,000 million
  • M-05
    Prologis Park Maishima 3
    JPY 13,500 million
  • M-06
    Prologis Park Kasugai
    JPY 12,500 million
  • M-07
    Prologis Park Kitanagoya
    JPY 6,500 million
  • M-09
    Prologis Park Tokyo-Ohta
    JPY 29,500 million
  • M-10
    Prologis Park Zama 2
    JPY 21,900 million
  • M-11
    Prologis Park Funabashi 5
    JPY 11,000 million
  • M-12
    Prologis Park Narita 1-A&B
    JPY 8,420 million
  • M-13
    Prologis Park Narita 1-C
    JPY 4,810 million
  • M-14
    Prologis Park Amagasaki 1
    JPY 17,600 million
  • M-15
    Prologis Park Amagasaki 2
    JPY 19,200 million
  • M-16
    Prologis Park Tokyo-Shinkiba
    JPY 13,600 million
  • M-17
    Prologis Park
    Yokohama-Tsurumi
    JPY 13,800 million
  • M-18
    Prologis Park Osaka 4
    JPY 21,000 million
  • M-19
    Prologis Park Iwanuma
    JPY 7,113 million
  • M-20
    Prologis Park Kawajima 2
    JPY 8,180 million
  • M-21
    Prologis Park Kitamoto
    JPY 12,600 million
  • M-22
    Prologis Park Joso
    JPY 7,120 million
  • M-23
    Prologis Park Osaka 5
    JPY 17,600 million
  • M-24
    Prologis Park Narita 3
    JPY 9,240 million
  • M-25
    Prologis Park Narashino 5
    JPY 13,600 million
  • M-26
    Prologis Park Ibaraki
    JPY 38,300 million
  • M-27
    Prologis Park Ichikawa 3
    JPY 17,000 million
  • M-28
    Prologis Park Narita 1-D
    JPY 5,260 million
  • M-29
    Prologis Park Yoshimi
    JPY 21,300 million
  • M-30
    Prologis Park
    Higashimatsuyama
    JPY 12,600 million
  • M-31
    Prologis Park Kyotanabe
    JPY 35,800 million
  • M-32
    Prologis Park Chiba 1
    JPY 31,000 million
  • M-33
    Prologis Park MFLP Kawagoe
    (50% Co-ownership interest)
    JPY 14,800 million
  • M-34
    Prologis Park Chiba NewTown
    JPY 26,300 million
  • M-35
    Prologis Park Chiba 2
    JPY 15,000 million
  • M-36
    Prologis Park Inagawa 2
    JPY 33,000 million
  • M-37
    Prologis Park Kobe 5
    JPY 9,500 million
  • M-38
    Prologis Park Inagawa 1
    (50% Co-ownership interest)
    JPY 27,900 million
  • M-39
    Prologis Park Kobe 3
    JPY 9,580 million
  • B-02
    Prologis Park Takatsuki
    JPY 4,410 million
  • B-03
    Prologis Park Tosu 2
    JPY 3,030 million
  • B-04
    Prologis Park Tosu 4
    JPY 3,810 million
  • B-05
    Prologis Park Narashino 4
    JPY 20,000 million
  • B-06
    Prologis Park Ebina
    JPY 8,250 million
  • B-07
    Prologis Park Kawanishi
    JPY 13,600 million
  • B-08
    Prologis Park Amagasaki 3
    JPY 9,090 million
  • B-09
    Prologis Park Kobe
    JPY 6,410 million
  • B-10
    Prologis Park Sendai Izumi
    JPY 4,820 million
  • B-11
    Prologis Park Koga 1
    JPY 7,680 million
  • B-12
    Prologis Park Kobe 2
    JPY 13,700 million
  • B-13
    Prologis Park Koga 2
    JPY 3,930 million
  • B-14
    Prologis Park Koga 3
    JPY 5,440 million
  • B-15
    Prologis Park Tsukuba 1-A
    JPY 12,900 million
  • B-16
    Prologis Park Sendai Izumi 2
    JPY 9,250 million
  • B-17
    Prologis Park Kobe 4
    JPY 5,020 million
  • B-18
    Prologis Park Tsukuba 1-B
    JPY 13,500 million
  • B-19
    Prologis Park Tsukuba 2
    JPY 20,900 million
  • B-20
    Prologis Park Ebina 2
    JPY 15,200 million
  • B-21
    Prologis Park Ogori
    JPY 5,920 million

Sponsor Support from the Prologis Group

Proprietary Development Pipeline from the Prologis Group

Status Region Property Name (Expected)
Year Built		 Property Type (Expected)
GFA (sqm)
Exclusive
Negotiation
Rights Granted		 Completed Greater Tokyo Prologis Park Soka Apr. 2022 Multi-Tenant 151,604
Prologis Park Yachiyo 1 Sep. 2022 Multi-Tenant 161,219
Greater Osaka Prologis Park Inagawa 1
(50% Co-ownership interest)		 Oct. 2021 Multi-Tenant 206,769*
Under
Development		 Greater Tokyo Prologis Park Koga 4 Mar. 2023 Multi-Tenant 123,266
Under
Development
or Planning		 Completed Greater Tokyo Prologis Urban Tokyo-Adachi 1 Nov. 2020 Multi-Tenant 5,171
Prologis Urban Tokyo-Adachi 2 Mar. 2022 Multi-Tenant 6,466
Under
Development		 Greater Tokyo Prologis Park Tsukuba 3 Feb. 2023 Build-to-Suit 157,313
Prologis Urban Tokyo-Ohta 1 Feb. 2023 Multi-Tenant 5,038
Future
Development		 Greater Tokyo Prologis Park Yachiyo 2 TBD TBD 113,000
Chubu Prologis Park Tokai 1 TBD TBD 154,600
Tohoku Prologis Park Sendai Izumi 3 TBD TBD 50,000
Total1,134,448
←→
  • Note: We have no definite plans to acquire the above properties. This property list should not be deemed a commitment or guarantee of our future acquisitions.
  • *Represents entire property.

Prologis Group’s Proven Development Track Record in Japan
Since 2002

  • Note: As of November 30, 2022