China model offers GLP diversification

GLOBAL Logistic Properties (GLP), which boasts being the leading provider of modern logistics facilities in China, Japan and Brazil, has moved rapidly in recent months to further strengthen its foothold in the vast and growing Chinese mainland market. A notable development was the recent landmark deal for the investment of up to US$2.5 billion from a group of Chinese companies for around a third of its China subsidiary and a small portion of the listed entity.

By bringing onboa…