P3 Logistic Parks, the container European proprietor, engineer and chief of coordinations properties, declared today that GIC, Singapore’s sovereign riches subsidize, has consented to an authoritative arrangement to obtain P3 from TPG Real Estate and its accomplice Ivanhoé Cambridge.
The exchange values the business at €2.4 billion ($3.7 billion) and is the biggest European land exchange this year. The exchange is liable to administrative endorsement and is relied upon to near to the end of 2016.
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