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Partners Expand Japanese Logistics Venture

SINGAPORE—Global Logistics Properties and the Canadian Pensions Plan Investment Board will grow its JV to $2.2 billion.

By David Phillips | Updated on November 04, 2014

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.

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