News: Global Logistic Properties Ltd (GLPL.SI)
28 Aug 2015
Thu, Jul 30 2015
SINGAPORE, July 31 - Global Logistic Properties Ltd (GLP) on Friday booked a 49 percent rise in first-quarter profit on rising asset values and income from an expanded fund management platform, but cut its China warehouse development goal due to market uncertainty.
SINGAPORE, July 29 - Singapore-listed Global Logistic Properties Ltd (GLP) said it has agreed to buy a $4.55 billion logistics portfolio in the United States from Industrial Income Trust, expanding its presence in the market by 50 percent.
HONG KONG, July 21 - Singapore-listed Global Logistic Properties Ltd (GLP) said on Tuesday it plans to set up its second China-focused logistics infrastructure fund with seven investors, and aims to invest up to $7 billion in the sector in the next four years.