SINGAPORE—Morrison & Foerster has advisedGlobal Logistic Properties Ltd., a leadingprovider of modern logistics facilities in China, Japan and Brazil,on the expansion of its 50/50 joint venture with CanadaPension Plan Investment Board to develop logisticsproperties in Japan.
Each entity has committed $138 million inadditional equity, bringing the total venture size to $2.2billion.
The Morrison & Foerster deal team was led by Singaporecorporate partners Eric Piesner and ShirinTang. Morrison & Foerster also advised GlobalLogistics Property (GLP) on the establishment of GLP JapanDevelopment Venture in 2011 and a first expansion of theventure in February 2013.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
