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Global Logistic Properties Ltd (GLPL.SI)

GLPL.SI on Stock Exchange of Singapore

2.61SGD
19 Jan 2017
Change (% chg)

$0.00 (+0.00%)
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Volume
16,055,400
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Latest Key Developments (Source: Significant Developments)

Global Logistic Properties secures land for logistics development in Japan
Monday, 26 Dec 2016 05:58pm EST 

Global Logistic Properties Limited : Secures Strategic Land For Long-term Logistics Development In Japan . To commence development of glp sagamihara in greater tokyo .total investment of us$1.1 billion.  Full Article

Global Logistic Properties planning logistics facility in Japan - Nikkei
Monday, 26 Dec 2016 12:24pm EST 

:Global Logistic Properties planning logistics facility in Japan, to begin operating around 2022; investment is estimated to cost around 130 billion yen - Nikkei.  Full Article

Global Logistic Properties to sell greater Tokyo asset for $72 mln
Wednesday, 30 Nov 2016 06:02pm EST 

Global Logistic Properties : Global Logistic Properties Limited (News Release - Glp Announces Strategic Sale Of Greater Tokyo Asset) . sale price of jpy8.2 billion (us$72 million . sale of glp narita to a private equity fund .sale price equates to a 4.9% cap rate and represents a 12% premium to book value.  Full Article

Singapore exchange issues query regarding trading activity on Global Logistic Properties
Wednesday, 2 Nov 2016 12:23am EDT 

Singapore exchange :Singapore exchange issues query regarding trading activity on Global Logistic Properties Limited.  Full Article

Global Logistic Properties to sell four Japan properties to GLP J-REIT
Tuesday, 16 Aug 2016 02:31am EDT 

Global Logistic Properties Ltd : Glp to sell four Japan properties to glp j-reit for JPY42.7BN . Transaction expected to be completed in September 2016 . Says GLP to realize cash profit of US$130 million from Japan asset sales YTD . Says net sale proceeds for GLP are estimated to be JPY26 billion .  Full Article

Global Logistic Properties reports Q1 profit for period of $250.1 mln
Thursday, 11 Aug 2016 06:30pm EDT 

Global Logistic Properties Ltd : First quarter results) . Qtrly revenue US$ 206.6 million versus US$190.2 million a year ago . GLP expects to meet its global development targets for FY 2017 . Says Q1 profit for the period US$ 250.1 million versus US$356.6 million . Expects to generate approximately US$200 million of development profit for the full year . Says no dividend has been declared or recommended in the current reporting period . Says new developments GLP started in China in 1q FY 2017 were located in markets with average lease ratio of 87% . Expects to continue growing its natural hedge policy of financing its operations in local currency . Mid to long term outlook for China remains positive" . Says expects to continue leveraging its fund management platform to strategically expand its portfolio . China operations are expected to remain stable in the near term .  Full Article

Global Logistic Properties signed new leases in China<0494.HK>
Monday, 25 Jul 2016 06:13am EDT 

Global Logistic Properties Ltd : News release - growth of organized retail drives demand for glp's warehouses in China) . Says signed new leases totaling 61,000 square meters with three companies in China, including lf logistics, a Li & Fung Company .  Full Article

Global Logistic Properties announces acquisition of new indirect subsidiaries
Friday, 15 Jul 2016 06:55am EDT 

Global Logistic Properties Ltd : Acquisition of new indirect subsidiaries . Acquired 70% shareholdings in China x-g technology via subscription of 23,333 ordinary shares for US$21.9 million . Acquisition is not expected to have any material impact on net tangible asset value and EPS of co for year ending 31 March 2017 .  Full Article

Global Logistic Properties's unit entered into agreement with new co-investor
Tuesday, 12 Jul 2016 06:18am EDT 

Global Logistic Properties Ltd : Final syndication of stake in properties in the United States of America . New western holdings, has on 12 July 2016 entered into agreements with a new co-investor . Says deal for a cash consideration of US$108 million . Will further syndicate an interest of approximately 5.45% in the target portfolio to the new co-investor .Syndication not expected to have material impact on earnings per share of the company for the financial year ending 31 March 2017.  Full Article

Global Logistic Properties unit acquired additional 20% interest in Suzhou Industrial Park Genway Factory Building Industrial Development
Friday, 1 Jul 2016 07:15am EDT 

Global Logistic Properties Ltd : Change of interest in indirect subsidiaries and an indirect associated company . Deal for for a cash consideration of RMB251 million . Unit has acquired an additional 20% interest in Suzhou Industrial Park Genway Factory Building Industrial Development . Acquisition not expected to have any material impact on nta and earnings per share of co for financial year ending 31 March 2017 .Western Park 355 DC II has acquired remaining 25% interest in Western C Reit Park 355 for a cash consideration of USD3.1 million.  Full Article

ASIA CREDIT CLOSE: Credits see active trading; GLP underperforms

HONG KONG, Jan 18 (IFR) - There was active trading in Asian credit markets on Wednesday as a string of new bonds continued to grab the attention of investors.