GLB LOGISTIC PP (GBT.SG)


Stuttgart - Stuttgart Delayed Price. Currency in EUR
1.22+0.01 (+0.91%)
At close: 10:19 AM EDT
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1d
Open1.21
Prev Close1.21
Bid0.00 x 1500000
Ask0.00 x 1500000
Day's Range1.21 - 1.22
52wk Range1.15 - 1.29
1y Target EstN/A
Market CapN/A
P/E Ratio (ttm)N/A
BetaN/A
Volume0
Avg Vol (3m)0
Dividend & YieldN/A (N/A)
Earnings DateN/A
Trade prices are not sourced from all markets
  • Reuterslast year

    GLP to buy U.S. logistics portfolio for $4.55 billion

    Singapore-listed Global Logistic Properties Ltd (GLP) said it has agreed to buy a $4.55 billion logistics portfolio in the United States from Industrial Income Trust, expanding its presence in the market by 50 percent. "Demand from major institutional investors to invest with GLP in U.S. logistics real estate is strong, with GLP in negotiations with several new and existing capital partners," it said in a statement. The portfolio consists of 58 million square feet of assets across 20 markets, including Los Angeles, Metro D.C. and Pennsylvania, and will make GLP the second largest logistics property owner and operator in the United States, it said.

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