Global Logistic Properties planning 100 Billion Yen in Japan

Source :IIFL:Sep 12,2011

The report stated that the company plans raise at least 100 billion yen.

Global Logistic Properties, which is partly owned by Government of Singapore Investment Corp., is planning to list its Japanese assets through a real estate investment trust in an initial public offering in Japan, according to a report. The report stated that the company plans  raise at least 100 billion yen. GLP, which listed on the Singapore Exchange late last year, has hired Citigroup, Goldman Sachs and Nomura Holdings as the main underwriters for the IPO, says report.