Sun, Apr 20, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Research

GIC’s logistics arm GLP valued at over $8 bln

Posted on 15 September 2010

From Reuters: The logistics unit of Singapore sovereign fund GIC has assets worth over $8 billion and the fund hopes to sell a minority stake in the business at 1.3 to 1.4 times book value, a source briefed on the listing said on Tuesday.
The source also said that 65 percent of Global Logistic Properties’ (GLP) asset value comprises warehouses and other buildings in Japan, with China accounting for the remainder. The GIC unit owns 296 properties of which 69 are in Japan……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 13908 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« Mar    
 123456
78910111213
14151617181920
21222324252627
282930