NPR was established on Nov. 7, 2012 based on the Act on Investment Trust and Investment Corporation (investment trust law) and was listed on the REIT Securities Market (J-REIT Market) of the Tokyo Stock Exchange (“TSE”) on Feb. 14, 2013 (security code: 3283). NPR has strategically focused on investment for Class-A logistics facilities from its inception backed by the Prologis Group’s strong sponsor support and has increased unit holders’ value by maintaining a portfolio that generates stable income. As a result of such investment management, NPR owned 59 properties (aggregate acquisition price: 916,783 million yen), all of which are Class-A logistics facilities developed by the Prologis Group, as of the end of the reporting fiscal period.
Metrics to compare | 3283 | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship Relationship3283PeersSector | |
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P/E Ratio | 26.2x | 20.2x | 7.7x | |
PEG Ratio | 4.91 | 0.47 | 0.01 | |
Price/Book | 1.3x | 1.2x | 0.9x | |
Price / LTM Sales | 10.7x | 9.5x | 3.8x | |
Upside (Analyst Target) | 24.9% | 19.8% | 20.5% | |
Fair Value Upside | Unlock | −3.5% | 1.6% | Unlock |