Global Logistic Properties (GLP)

SINGAPORE (Jan 5): Global Logistic Properties (GLP) has received approval from the China Securities Regulatory Commission (CSRC) to issue up to RMB 12 billion ($2.46 billion) of RMB-denominated ‘Belt & Road’ (B&R) bonds on the Shenzhen Stock Exchange.

SINGAPORE (Jan 4): The recent buyout of Singapore’s Global Logistic Properties (GLP) was largely responsible for boosting private equity (PE) investment in Asia Pacific ex-Japan to record levels, according to the latest data from Mergermarket.

SINGAPORE (Dec 15): Overall merger and acquisition (M&A) activity in Singapore has climbed 3.9% to reach US$89.0 billion ($119.8 billion) so far this year, according to Thomson Reuters data.

SINGAPORE (Dec 12): Singapore has seen the value of mergers and acquisitions (M&A), private equity and venture capital investments, and initial public offerings (IPO) hit US$101.9 billion ($137.7 billion) for 2017, growing over 15% compared to 2016.

SINGAPORE (Nov 30): Global Logistic Properties (GLP) says its proposed $16 billion acquisition by Nesta Investment Holdings and subsequent privatisation has been approved on the back of “overwhelming shareholder support”.

SINGAPORE (Nov 10): GLP, the global provider of modern logistics facilities, reported 2Q earnings of US$231 million ($314 million), up 34% year-on-year, driven by higher revaluations and foreign exchange gains.

SINGAPORE (Oct 24): Q3 was a quarter of top deals for Southeast Asia, spiking 81.8% on-year to US$26.7 billion ($36.3 billion) across 97 deals, according to Mergermarket’s latest Southeast Asia M&A trend report Q1-Q3 2017.

LONDON (Oct 2): The home delivery boom is upending the real estate market. At the turn of the century, shoppers could wait as long as 28 days for delivery of goods they had bought online. The compression of that window to 24 hours or less is revolutionisi

SINGAPORE (Oct 2): GLP, has entered into a definitive agreement to acquire Gazeley, the developer, owner and operator of modern logistics facilities in Europe for US$2.8 billion ($3.8 billion).

SINGAPORE (Aug 30): The benchmark Straits Times Index (STI) has generated a 13.2% price gain year to date (YTD) with its strongest-performing sectors being real estate, financials and industrials.