trending Market Intelligence /marketintelligence/en/news-insights/trending/xkclpkvfk1mt7x5dkkegha2 content esgSubNav
In This List

GLP J-REIT closes ¥84.85B purchase of 8 logistics properties in Japan

Blog

Infographic: Key questions when assessing an Alternative Investment Funds (AIFs) creditworthiness

Blog

Perspectives from China: Chinese M&A in 2022

Blog

Headwinds slow global M&A in Q2’22

Blog

New Corporate Realities: The Next Generation of Managing Risk and Operations


GLP J-REIT closes ¥84.85B purchase of 8 logistics properties in Japan

GLP J-REIT completed Sept. 3, as expected, its ¥84.85 billion acquisition of trust beneficiary interests in eight Japanese logistics facilities from special purpose companies owned by its parent, GLP Pte. Ltd.

The industrial real estate investment trust used proceeds from a public offering and borrowings from a syndicate of banks to settle the transaction.

As of Aug. 31, US$1 was equivalent to ¥110.85.