After Bulking Up US Portfolio, Global Logistic Properties Undertakes Strategic Review
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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 move comes at the request of the firm’s largest shareholder, GIC Pte. Ltd., Singapore’s sovereign…
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group
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