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Sovereign Wealth Funds Briefing - Categorized | Performance

GLP back in the black

Posted on 15 February 2011

From Todayonline.com: Global Logistic Properties (GLP), a subsidiary of the Government of Singapore Investment Corp. has turned around in its fiscal third quarter from a loss in the year-ago period, posting a net profit of US$82.1 million ($105.2 million).
GLP - which owns warehouses and other logistic assets mostly in China and Japan - had made a US$305.4 million loss in the corresponding quarter of last year……………………………………….Full Article: Source


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