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BRIEF-Global Logistic Properties to buy properties in Europe for EUR2.4 bln
October 1, 2017 / 11:28 PM / 17 days ago

BRIEF-Global Logistic Properties to buy properties in Europe for EUR2.4 bln

Oct 2 (Reuters) - Global Logistic Properties Ltd:

* Acquisition of properties in Europe

* Purchase price for target portfolio is approximately EUR 2.4 billion

* ‍Co will, through indirectly wholly-owned subsidiaries, acquire Gazeley​

* Transaction expected to be funded by about US$1.6 billion of equity and US$1.2 billion of long-term, low-cost debt Source text for Eikon: Further company coverage:

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