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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