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Teresa Zhuge GLP

GLP Closes on $900M for China Core Logistics Fund

2021/04/27 by Christopher Caillavet Leave a Comment

GLP, Asia’s biggest warehouse developer and fund manager, on Tuesday announced the closing of its newly established GLP China Income Fund II with capital commitments totalling RMB 5.8 billion ($900 million).

The core-plus logistics vehicle seeks to generate long-term, stable… Read More>>

Tim Wang - GLP

GLP Hires Former Blackstone China Real Estate Boss Tim Wang

2021/04/01 by Christopher Caillavet Leave a Comment

Singapore-based warehouse operator GLP on Thursday announced its hiring of former Blackstone executive Tim Wang as co-president of logistics and industrial real estate in China, where he will serve alongside Angela Zhao.

In his new role, Wang will focus on… Read More>>

SZ_Hospital - Swire Properties

Swire Pacific Invests in Shenzhen Private Hospital and More Asia Real Estate Headlines

2021/03/22 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Swire Pacific takes a second step into the mainland hospitals sector with a Shenzhen investment, shares of Australian casino giant Crown Resorts close higher than the implied price of Blackstone’s takeover bid, and… Read More>>

Robert Kuok

Kerry Properties’ Net Profit Drops to HK$5.4B and More Asia Real Estate Headlines

2021/03/18 by Pimfha Chandhapradit Leave a Comment

In our latest roundup of regional news headlines, Hong Kong developer Kerry Properties posts a 22 percent profit decline for 2020, China’s HNA conglomerate begins a monumental restructuring process, and GLP J-REIT issues the first ultra-long sustainability bond in the… Read More>>

Caesars Dumps Korea Casino as R&F Seeks 3 Yr Delay and More Asia Real Estate Headlines

2021/02/22 by Pimfha Chandhapradit Leave a Comment

In our latest roundup of regional news headlines, Caesars cashes in its entire stake in a planned Korean casino project, logistics giant GLP secures green financing from a syndicate of banks, and Hong Kong developers report subdued demand for apartments… Read More>>

ming mei glp

GLP Upped Logistics Leasing by 57% in 2020 to Reach New Record

2021/02/04 by Christopher Caillavet Leave a Comment

GLP on Thursday reported record-high leasing and development activity for its logistics business in 2020 as the e-commerce trend kicked into high gear during the COVID-19 crisis.

The world’s second-largest industrial real estate developer said its logistics business signed more… Read More>>

managing director for fund management at GLP SG

GLP Raises Additional €500M for European Core Logistics Fund

2021/01/17 by Michael Cole Leave a Comment

Warehouse giant GLP has exceeded expectations for its latest European investment vehicle with Asia’s largest logistics developer announcing on Friday that it had raised an additional €500 million ($604 million) for the core strategy.

The Singapore-based firm has now brought… Read More>>

GLP Kicks Off Construction on Four UK Projects and More Asia Real Estate Headlines

2021/01/17 by Pimfha Chandhapradit Leave a Comment

Following news today that it had raised an additional $608 million for its pan-European logistics fund, GLP followed up with an announcement that it is kicking off construction of one million square feet of warehouses in the UK.

Read More>>

managing director for fund management at GLP SG

GLP Reaches $5.4B in Assets with Second Closing of Japan Income Fund

2021/01/08 by Christopher Caillavet Leave a Comment

Singapore-based GLP on Thursday announced a second closing for its GLP Japan Income Fund (GLP JIF), bringing the logistics vehicle to JPY 560 billion ($5.4 billion) in assets under management.

In August, Asia’s biggest warehouse developer announced the launch of… Read More>>

FCT to Divest Singapore Shopping Centre for S$110M and More Asia Real Estate Headlines

2020/12/23 by Pimfha Chandhapradit Leave a Comment

In Mingtiandi’s latest roundup of regional news headlines, a Singaporean trust prepares to sell a shopping centre for S$110 million, GLP forms a China fund to buy Shanghai port assets, and McDonald’s breaks ground on an industrial park in… Read More>>

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