Global Logistic Properties has completed its planned syndication of a 65.66% stake in the portfolio of US industrial assets that it acquired last year.
The assets were sold for US$1.3 billion ($1.75 billion) in cash, subject to post-closing adjustments.
The assets will no longer be the firm's subsidiaries and will become associated companies.
GLP closed 2.6% higher at $1.985.
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The assets were sold for US$1.3 billion ($1.75 billion) in cash, subject to post-closing adjustments.
The assets will no longer be the firm's subsidiaries and will become associated companies.
GLP closed 2.6% higher at $1.985.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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