(Reuters) - Singapore sovereign fund GIC kicked off the initial public offering of its logistics unit on Thursday, aiming to raise up to $3 billion in what could be the city-state's biggest IPO.Global Logistic Properties (GLP), which owns industrial and logistic properties in China and Japan, will be the first listing of a majority-owned firm by the Government of Singapore Investment Corp, the world's fourth-biggest sovereign fund. Full story
Related:
GIC Said to Start Talks With Investors for $3 Billion Logistics Unit IPO - Bloomberg
Singapore’s G.I.C. Launches $3 Billion I.P.O. - The New York Times (DealBook)
GIC’s logistics unit launching $3 billion IPO - LogisticsWeek
