GIC May Tap the Asian IPO Market While it’s Hot
Posted on 09/09/2010
With the success of the Agricultural Bank of China’s IPO, Chinese assets are very attractive to many investors. The Government of Singapore Investment Corporation (GIC) has started discussions with cornerstone investors for the US$ 3 billion IPO of its logistics unit. GIC bought the assets from ProLogis in December 2008, for US$ 1.3 billion. Cornerstone […]
- Asia
- China
- Citigroup
- Global Logistics Properties
- Government of Singapore Investment Corporation
- IPO
- JPMorgan
- ProLogis
- UBS
