Global Logistic Properties Ltd. , a warehouse operator majority owned by a Singaporean sovereign wealth fund, is looking to raise up to $1.5 billion by listing some of its properties in Japan, in what could be the second-biggest initial public offering in that country this year, a person with knowledge of the deal said Friday.
The Singapore-listed company, which is 50.6% owned by the Government of Singapore Investment Corp., plans to complete the IPO for its Japanese real-estate investment corporation, also known as a J-REIT, by the end of this year, the person said………………………………………..Full Article: Source