Global Logistic Properties rated 'overweight' by JP Morgan

Stock Name: GLP
Company Name: GLOBAL LOGISTIC PROP LIMITED
Research House: JP Morgan Chase

JP Morgan Research in a Feb 25 research report says: "GLP announced a joint venture with the Suzhou municipal government to develop a modern logistics park with a total land area of 1 million sqm. Phase 1 will comprise 200,000sqm GFA of modern logistics facilities with GLP's investment cost at US$90 million (90% stake in the JV).

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