$40 Billion Global Logistics Properties Receives Multiple Takeover Offers
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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 in China, Japan, Brazil and the US with a total asset value of $ 40 billion. Its US…
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