NEW YORK -- GLP, Asia's largest warehouse property owner, has reached a deal to sell its U.S. warehouses, including those used by Amazon, to Wall Street firm Blackstone for $18.7 billion, including debt. With the move, the Singapore-based company -- which was bought out by a Chinese consortium in 2018 -- would reduce its footprint in the U.S. as it builds up new investment funds in Asia and Europe. The sale -- which Blackstone describes as the largest-ever private real estate transaction in the world -- covers 1,300 properties over a span of 179 million square feet, with Amazon and Walmart as major tenants. Blackstone and GLP announced the deal on Sunday.