GLP has made big bets in USA and Brazil. It is already a huge player in Japan and China. Can't imagine them wanting to swallow another continent when 2 other continents are still WIP.
Another Big picture ambition... so what does it mean for GLP or even Goodman Group... if it is viable, why is it that established group such as Goodman and GLP have left the stones unturned?
http://www.straitstimes.com/business/pro...nture-deal
The Straits Times
Ascendas, China state-owned firm sign joint venture deal, Property News & Top Stories - The Straits Times
Property News -Business space solutions provider Ascendas Group said yesterday that it has signed a joint venture agreement with China's state-owned industrial and trading enterprise, China Machinery Engineering Corporation (CMEC), to partner in industrial and business park investments and developments across Asia.. Read more at straitstimes.com.
A reit is a good buy.. GLP will still always be leaders in this field no doubt about it.
(21-11-2015, 11:33 AM)madatok Wrote: [ -> ]A reit is a good buy.. GLP will still always be leaders in this field no doubt about it.
Goodman Group listed on ASX is a much bigger established platform with better div yield with its international exposure and track record... bear in mind that GLP is a start up and may have been wrong footed in Brazil recently.
AREIT is very big in Singapore but its recent overseas foray will only be proven in time to come.