Singapore
Morrison & Foerster has advised warehouse operator Global Logistic Properties Ltd on the raising of a $3 billion fund to build facilities in China. Singapore-listed GLP established the fund with six institutional investors, including state and pension funds. It will build warehouses in China over the next three years, taking advantage of the rising demand for storage space fueled by the country’s booming e-commerce and retail market. To support the fund, the company has also secured a $1 billion credit facility with China Merchants Bank. Singapore partner Eric Piesner, Hong Kong partner Marcia Ellis and San Francisco partner Kenneth Muller led the Morrison & Foerster team advising GLP. WongPartnership asset management partner Low Kah Keong advised GLP on Singapore law. [Read full story]
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
