Singapore sovereign wealth fund GIC's GIC.UL logistics unit is seeking to raise as much as S$3.9 billion ($2.95 billion) in an initial public offering, making it the city-state's second-biggest IPO ever.Global Logistic Properties (GLP), which owns industrial and logistic properties in China and Japan, will be the first listing of a firm majority-owned by the Government of Singapore Investment Corp, the world's fourth-biggest sovereign fund. Full story
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GIC's logistics property arm kicks off $2.6 billion IPO - FinanceAsia
GIC Global Logistic Seeks $2.6 Billion IPO, Singapore's Biggest Since 1993 - Bloomberg
