Good Buying Opportunity

GLP confirms GIC's stake sale to rebalance portfolio.The Business Times had earlier reported that the sovereign wealth fund is planning to sell a 12.5 per cent stake in GLP for up to S$1.6 billion.

GIC reduced its stake to about 36.8% from 48.9%, according to one source.

Source:http://www.financeasia.com/News/334522,gic-raises-125-billion-from-glp-sell-down.aspx

This pose a good opportunity to purchase the shares at a lower price given its strategic positions located in Japan, China and Brazil, which according to GLP CEO Ming Mei is a fast-growing but under-served market with compelling opportunities for future growth.

This early entry into Brazil might prove advantageous when more demand for modern logistic facilities arise from its commodity exporting nation.

Graphical depiction of the country's exports

The picture clearly explains the Brazil economy and its capability of exporting commodities and logistics remain one of the key elements to support its growing economy.