SINGAPORE—Morrison & Foerster is advising Global Logistic Properties Limited, the leading provider of modern logistics facilities in China, Japan and Brazil, in a co-investment with an affiliate
of Singapore sovereign wealth fund GIC Pte. Ltd. to buy one of the largest logistics real estate portfolios in the United States from Blackstone.
The $8.1 billion deal marks Global Logistic Properties' (GLP) first foray into the U.S. market. The transaction is expected to be completed in the first quarter of 2015.
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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.
