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Global Logistic Properties (GLP) has announced it will divest five wholly owned properties in Japan to GLP J-Reit for 38.1 billion yen (US$306 million), which is in line with the properties' fair-market value as at June 30, 2015. .

Global Logistic Properties | Buy

Aug 12 close: S$2.29

Target price: S$3.07

OCBC Investment Research, Aug 12

GLOBAL Logistic Properties (GLP) has announced it will divest five wholly owned properties in Japan

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