GLP widens European presence with $1.1b Goodman logistics deal

GLP widens European presence with $1.1b Goodman logistics deal

Photo: GLP website

Singapore-based logistics provider GLP is acquiring the logistics real estate portfolio of Goodman Group in Central and Eastern Europe, further expanding its European presence to 10 countries.

Goldman Group confirmed in a separate announcement that it signed a deal to sell its Central and Eastern Europe assets for approximately €1 billion ($1.1 billion) to GLP.

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