Baron Emerging Markets Fund Comments on Global Logistic Properties

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Feb 16, 2017

Shares of Global Logistic Properties Ltd. (SGX:MCO), the leading provider of modern logistics facilities in China, Japan, Brazil, and the U.S., contributed to the fourth quarter performance. The stock appreciated following rumors that Global Logistic is exploring strategic alternatives, including a potential sale of the company. Shares also rose on reported quarterly financial results that beat Street expectations. (David Kirshenbaum)

From Baron Emerging Markets Fund fourth quarter 2016 commentary.