Saturday, June 4, 2011

GLP versus ProLogis.

I was just reading an article in The EDGE and wonder what this would mean for GLP and its shareholders:

"GLP was listed on the SGX last year after it acquired the Japanese and Chinese portfolio of Prologis with the Singapore Government Investment Corp. (GIC) in 2008.

 "Last December, GLP had to clarify that it did not disclose during IPO that a non-compete agreement with ProLogis was due to