JEFFREY H

JEFFREY H SCHWARTZ

Schwartz is deputy chairman and co-founder of Global Logistics Properties, a company in which the Government of Singapore Investment Corporation is the single largest shareholder. The world's second largest owner of industrial properties and the largest provider of modern logistic facilities in Asia operates across 60 cities in China, Japan and Brazil, where it manages a US$16 billion property portfolio. In December 2012, a real estate trust set up by GLP sold $1.4 billion worth of shares in its initial public offering in Japan. The reit, which is Japan's largest public real estate trust featuring logistics, has 30 properties valued at $2.6 billion. The group also established the largest logistics platform in Brazil this year through a US$1.45 billion transaction in a joint venture with Canada Pension Plan Investment Board, China Investment Corporation and GIC. Interim 2013 revenue for the group was up 28% on-year to US$343 million.