Blog Archives

$40 Billion Global Logistics Properties Receives Multiple Takeover Offers

Global Logistic Properties Ltd. confirmed it has received various non-binding acquisition proposals from a number of unidentified potential buyers in connection with its ongoing strategic review. The Singapore-based firm is one of the largest owners of industrial properties in the world, with a total of 562 million square feet of logistics facilities in 113 cities […]

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Global Logistic Properties Confirms Ongoing Sales Talks

Singapore-based Global Logistic Properties Ltd. (SGX:MC0) confirmed this morning US media reports from a month ago, including from CoStar Group, that the global industrial property owner is exploring various strategic options. One of those options include preliminary discussions with various parties in connection with the possible sale of the company. The decision by the firm […]

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CoStar’s People of Note (Dec. 23) Taubman Taps Wright as Global Head of Leasing, Carey Promotes Sabatini to Global Head of Investments

It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: Detroit / Grand Rapids, New York City, Chicago, South Florida, Houston, Dallas / Ft. Worth, St. Louis, Boston and Baltimore. DETROIT / GRAND RAPIDS Taubman Names New […]

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After Bulking Up US Portfolio, Global Logistic Properties Undertakes Strategic Review

The huge distribution center portfolio of Global Logistic Properties Ltd. (SGX:MC0), one of the largest owners of industrial properties in the U.S., may be in play after the Singapore-based firm announced it has appointed JP Morgan (SEA) Ltd. as its financial advisor and constituted a special committee to review options to enhance shareholder value. The […]

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JLL Implements Leadership Succession Plan: Ulbrich to Succeed Retiring Dyer as Global CRE Firm’s Chief Exec

Jones Lang LaSalle’s (JLL) Colin Dyer announced he will retire and step down next month after 12 years as the firm’s chief executive officer. He will be succeeded by Christian Ulbrich, whom JLL had signalled would be Dyer’s successor after elevating him to president of the global real estate services company in February as part […]

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