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Monday, March 14, 2011

Singapore firms feel impact following Japan earthquake, tsunami

iStockAnalyst, 14 Mar 2011Global Logistic Properties (GLP), the real estate unit of sovereign wealth fund Government of Singapore Investment Corp (GIC) , said on Monday that it has estimated the damage to its total portfolio of properties in Japan will be 38.8 million U.S. dollars, or 0.6 percent of the portfolio value of GLP in Japan. Full storyRelated:Singapore businesses post updates on