Sensex 27707.76 249.12 0.91%
Nifty 8407.1 65.7 0.79%
Global Logistic Properties, which is partly owned by Government of Singapore Investment Corp., is planning to list its Japanese assets through a real estate investment trust in an initial public offering in Japan, according to a report.
The report stated that the company plans raise at least 100 billion yen.
GLP, which listed on the Singapore Exchange late last year, has hired Citigroup, Goldman Sachs and Nomura Holdings as the main underwriters for the IPO, says report.
India Infoline Research Team / 15:28, Mar 13, 2015
Markets are now reinforcing the perception of an early interest rate hike by US Federal Reserve, with consensus calling for the hike taking place in June, when compared with the prior expectations of a hike in September.