CIC said to bid for property owner

Global Logistic Properties Ltd, the $6 billion owner of industrial property, has attracted takeover interest from an investor group that includes China's sovereign fund, sources with knowledge of the matter said.

China Investment Corp, Hopu Investment Management and Hillhouse Capital Management have held talks about making a joint offer for Singapore-based GLP, the sources added.

The suitors have reached out to potential partners to weigh their interest in joining the consortium, one source said.