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HomeINSIGHTSNews Releases

News Releases

GLP Shareholders Approve Privatization
GLP Shareholders Approve Privatization
Date:  2017-11-30

GLP today announced that its shareholders have approved the proposed acquisition of all the issued and paid-up ordinary shares in the capital of GLP, by Nesta Investment Holdings Limited, via a scheme of arrangement, at the Scheme Meeting held today.

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GLP Reports 2QFY18 Earnings
GLP Reports 2QFY18 Earnings
Date:  2017-11-10

GLP reported earnings (PATMI) of US$231 million for the three months ended 30 September 2017, up 34% year-on-year, driven by higher revaluations and foreign exchange gains.

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GLP Signs 173,000 sqm (1.9 Million sq ft) of Leases with 3PLs Globally
GLP Signs 173,000 sqm (1.9 Million sq ft) of Leases with 3PLs Globally
Date:  2017-10-16

GLP has signed 173,000 sqm (1.9 million sq ft) of new leases globally with 3PL service providers over the past three months. The customers are using the facilities to meet end-user demand ranging from the consumer goods, food, technology and life science industries.

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GLP Reports 1QFY18 Earnings; Continued Fund Management Growth
GLP Reports 1QFY18 Earnings; Continued Fund Management Growth
Date:  2017-08-08

GLP reported a 27% increase in revenue for the three months ended 30 June 2017. Core earnings excluding revaluations were stable year-on-year, underpinned by recurring income from operations and the continued expansion of GLP's fund management platform.

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Proposed Privatization of GLP
Proposed Privatization of GLP
Date:  2017-07-14

Nesta Investment Holdings Limited and Global Logistic Properties Limited today jointly announced the proposed acquisition of all the issued and paid­up ordinary shares in the capital of GLP, by the Offeror, which is a wholly­owned subsidiary of Nesta Investment Holdings MidCo Limited.

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Media Resources

Investor & Media Contact

Investor Contact
Ambika Goel, CFA
SVP, Capital Markets
Tel: +65 6643 6372
E-mail: agoel@glprop.com

Media Contact
Meredith Balenske
SVP, Global Communications
Tel: +852 3959 7055
E-mail: mbalenske@glprop.com

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