Feb 17 (Reuters) - Global Logistic Properties Ltd GLPL.SI :
* Establishment of glp Japan development venture II) GLPL.SI
* Consideration for the acquisition by glp jdv II of shares of the relevant portfolio companies is approximately JPY 3.8 billion
* Reduction of interest and sale not expected to have material impact on nta and EPS for current financial year
* Announced the establishment of a 50:50 joint venture, glp Japan development venture II , with total equity commitments of JPY100 billion
* Rpt-global logistic properties ltd glpl.si says glp jdv ii is expected to reach us$2 billion over three years
* Source text for Eikon ID:nSNZb44l1C