Published at: 2017-03-09 19:29 | Author: CIJ Journal
The industrial property company sees plenty of room for growth within Europe and a chance to be slightly more adventurous with spec building
What do you do if you’re in charge of a company that’s just been taken over by one of the world’s largest sovereign wealth funds? If you’re P3 and the Singapore giant GIC is your new 100-percent shareholder, the immediate temptation might be to go out and splash the cash, buy projects and land to ensure you can build for years into the future. Except it’s become increasingly difficult to find such assets, and the competition for them from deep-pocketed industrial property companies is fierce....

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