SINGAPORE—Morrison & Foerster has advised Global Logistic Properties Ltd., a leading provider of modern logistics facilities in China, Japan and Brazil, on the expansion of its 50/50 joint venture with Canada Pension Plan Investment Board to develop logistics properties in Japan.
Each entity has committed $138 million in additional equity, bringing the total venture size to $2.2 billion.
The Morrison & Foerster deal team was led by Singapore corporate partners Eric Piesner and Shirin Tang. Morrison & Foerster also advised Global Logistics Property (GLP) on the establishment of GLP Japan Development Venture in 2011 and a first expansion of the venture in February 2013.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
