| Global Logistic Properties Ltd., partly owned by Singapore’s sovereign wealth fund, is in preliminary talks to acquire more than 200 warehouses valued at about $4.5 billion as part of its push into the U.S., said a person with knowledge of the discussions.
The talks with the owner of the properties, Industrial Income Trust Inc., might not lead to an agreement, said the person, who asked not to be identified because the sales process is private. The assets comprise almost 58 million square feet (5.4 million square meters)...............................................Full Article: Source
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