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HomeINSIGHTSIn the News

In the News

GLP Expands to US Via $8.1bn IndCor Deal
GLP Expands to US Via $8.1bn IndCor Deal
Source:  PERE

The Singapore-listed logistics real estate investment and development firm has expanded to the US by buying the majority share of the IndCor business from Blackstone. 

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Logistics | The Flow of Things
Logistics | The Flow of Things
Source:  The Economist

Two examples of the infrastructure that has helped make China a mighty trading power can be found on the outskirts of Shanghai: Yangshan, the world’s busiest container port, and Pudong airport, the world’s third-biggest handler of air cargo. 

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GLP Boosted by China’s E-commerce Boom
GLP Boosted by China’s E-commerce Boom
Source:  The Edge

The developer and manager of logistics properties is riding on the coattails of companies such as Alibaba and JD.com. a strategic deal with China’s SOEs and a foothold in Brazil could open up new opportunities.

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China Ecommerce Boom Drives $2.5bn Deal For Stake in Logistics Group GLP
China Ecommerce Boom Drives $2.5bn Deal For Stake in Logistics Group GLP
Source:  Financial Times

Global Logistic Properties, a large Asian warehouse operator, will raise $2.5bn by selling up to a third of its China business to statebacked investors, in a deal that highlights the explosive growth of China’s logistics industry. 

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Investor Contact
Ambika Goel, CFA
SVP, Fund Management
Tel: +65 6643 6372
E-mail: [email protected]

Media Contact
Meredith Balenske
SVP, Global Communications
Tel: +852 3959 7055
E-mail: [email protected]

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