GLP J-REIT eyes $231M share sale, to buy properties

09/3/2013 | Bloomberg · The Edge Singapore

GLP J-REIT is planning a $231 million share sale on the Tokyo stock exchange. The Japanese REIT will use the proceeds to buy nine properties and repay debt. Separately, GLP J-REIT will buy seven properties from Global Logistic Properties' GLP Japan Income Partners I, paying a combined $352 million.

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Bloomberg · The Edge Singapore

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