GLP, a Singapore-based provider of logistics facilities, is making its third industrial acquisition in the U.S. with plans to purchase a $1.1 billion portfolio from Hillwood Development Co. in several phases starting later this year.
Singapore-based logistics fund manager GLP announced today it has agreed to acquire a $1.1 billion US logistics real estate portfolio from Dallas-based Hillwood Development Company.
GLP Establishes Long-Term Strategic Partnership with CIMC
GLP has signed a strategic cooperation framework agreement with China International Marine Containers, a leading China-domiciled company specializing in providing modern transportation equipment and services.