It seems buying and selling e-commerce space these days can provide more value than an IPO — at least as far as Singapore’s GLP is concerned. The massive logistics firm had been considering going public, according to a person familiar with the matter, but landed on a better way to feed its investors: selling a massive warehouse portfolio to Blackstone Group for $18.7 billion, one of the largest deals ever in industrial real estate. Blackstone’s […]
source https://therealdeal.com/issues_articles/the-rise-of-the-e-commerce-industrial-revolution/#new_tab
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