Mainboard-listed Global Logistic Properties Limited (GLP) has formed an equal joint venture with sovereign wealth fund China Investment Corporation (CIC) to acquire 15 modern logistics facilities in Japan. The deal, worth 122.6 billion yen or US$1.6 billion, is believed to be one of the biggest-ever property deals in Japan. The properties, with a total gross floor area (GFA) of 770,989 square metres,...
