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Vanke eyes top spot as global logistics property developer with stake in GLP
Published Fri, Aug 25, 2017 · 09:50 PM
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Hong Kong
CHINA Vanke Co said on Friday it aims to become the world's largest logistics property developer after investing a 21.4 per cent stake in Asia's biggest warehouse operator Global Logistic Properties (GLP).
Vanke, the second-largest developer by sales in the country, has been diversifying into commercial businesses and new businesses such as rental h…
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