SINGAPORE-Global Logistic Properties Ltd. isforming joint ventures with Canada Pension PlanInvestment Board, China Investment Corp. and Government ofSingapore Investment Corp. The aim of both is to buy a $1.4-billionplatform in Brazil and will establish the largest logisticsplatform in the country, according to a statement.

Further, GLP will act as asset manager of both joint ventureswith a 40-person team. GLP also revealed that 88% of the two jointventures’ combined assets are located in the primary logisticsmarkets of S

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