GLP

SINGAPORE (June 3): Blackstone Group is making a huge bet on the future of e-commerce, agreeing to buy US$18.7 billion ($25.7 billion) of US logistics assets from Singapore’s GLP in what it says is the world’s biggest private-equity real estate deal.

(Apr 26): Singapore-based GLP is planning an initial public offering (IPO) for its US operations that could raise about US$3 billion ($4.09 billion).

SINGAPORE (Jan 22): GLP, the provider of modern logistics facilities and technology-led solutions, today delisted from the Singapore Exchange (SGX) as it completes its privatisation process.

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SINGAPORE (March 9): Logistics facilities provider GLP has signed 69,000 sqm of new leases in China and Japan over the past three months.

SINGAPORE (Feb 20): GLP, the provider of modern warehouse facilities, has signed 1.1 million sf of new leases with third party logistics (3PL) companies in China over the past two months.

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SINGAPORE (Feb 9): GLP, the provider of modern logistics facilities, reported a 7% drop in 3Q17 earnings to $170.7 million from $184.2 million a year ago.