Singapore’s GIC Sells Large Stake in Global Logistic Properties
Posted on 02/26/2013
The Government of Singapore Investment Corporation (GIC) increased liquidity in their portfolio by selling 596.674 million shares of Global Logistic Properties (GLP). This would raise about 1.5 billion SGD. Global Logistic Properties is a SGX listed company which is majority-owned by the GIC. The property company is the largest owner of industrial properties in Japan […]
