GLP in double logistics buy from Prosperitas

Global Logistic Properties (GLP), the logistics arm of Singapore’s sovereign wealth fund, has turned to Brazil’s Barbosa Müssnich & Aragão, the Tokyo office of Morrison & Foerster LLP and Skadden, Arps, Slate, Meagher & Flom LLP in Chicago to acquire two portfolios of logistics facilities from Brazilian real estate fund manager Prosperitas for US$1.45 billion.

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