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Teresa Zhuge GLP

GLP Reaches Final Close on RMB 15B China Logistics Core Fund

2020/04/20 by James Hatton Leave a Comment

Asia’s largest warehouse developer and fund manager, GLP, has reached a final close on its latest China-focused investment vehicle, locking in investor commitments despite the uncertainty caused by the COVID-19 pandemic.

The Singapore-based firm, which has a global portfolio worth… Read More>>

spencer fung

GLP Backs HK$7.2B Buyout of Hong Kong’s Li & Fung

2020/03/22 by Michael Cole Leave a Comment

Asia’s largest logistics developer and fund manager is branching out into consumer goods distribution, according to an announcement late Friday by Hong Kong-listed Li & Fung Ltd.

GLP, which has $89 billion in assets under management globally, has teamed up… Read More>>

Ming Mei GLP THUMB

GLP Confirms €1B Purchase of Goodman European Logistics Assets

2020/03/14 by James Hatton Leave a Comment

GLP announced today that it is acquiring Goodman Group’s central and eastern European logistics assets, doubling the European footprint of the company formerly known as Global Logistic Properties through a €1 billion ($1.1 billion) deal which had first been reported… Read More>>

Ming Mei GLP THUMB

GLP’s Gazeley Said Buying Goodman European Portfolio for €1B

2020/02/16 by James Hatton Leave a Comment

Singapore-based Global Logistic Properties (GLP) is reported to be buying Goodman Group’s Central and Eastern European logistics portfolio in a deal said to be worth €1 billion ($1.08 billion).

Asia’s largest warehouse developer and fund manager is said to be… Read More>>

Teresa Zhuge GLP

GLP Launches RMB 15B China Logistics Fund

2019/12/01 by Mingtiandi Team Leave a Comment

Asia’s largest warehouse developer Global Logistic Properties (GLP) has set up a new, RMB 15 billion ($2.1 billion) fund to invest in stabilized logistics assets in China.

The vehicle, GLP China Income Partners I, marks the Singapore-based company’s third fund… Read More>>

ken caplan blackstone

Blackstone Agrees to Buy GLP US Assets for Record $18.7B

2019/06/03 by Michael Cole Leave a Comment

Blackstone and GLP announced today that they had reached an agreement for the New York-based alternative investment firm to purchase US warehouse assets from the Singapore-based logistics real estate firm for $18.7 billion.

The transaction, which comes just over one… Read More>>

Rush Desai of Allianz

Allianz Commits $600M to GLP China and Japan Funds

2019/05/08 by James Hatton Leave a Comment

Allianz Real Estate is investing $600 million into real estate investment funds managed by logistics real estate developer and fund manager GLP which target investments in China and Japan, according to an announcement today by the two companies.

In its… Read More>>

ming-mei-glp

GLP Said Filing for IPO of US Business at $20B Valuation

2019/04/25 by Michael Cole Leave a Comment

Warehouse developer and fund manager Global Logistic Properties (GLP) has begun the process of filing for an initial public offering of its US assets which could value the business at $20 billion, according to an account in the Wall Street… Read More>>

Ming Mei GLP THUMB

GLP Turns Loan Shark in Deal to Buy 10% of Developer Beijing Vantone for RMB 822M

2019/02/24 by Jan Kot Leave a Comment

Singapore-based warehouse operator Global Logistics Properties (GLP) has acquired a 10 percent stake in Beijing Vantone Real Estate Co Ltd for RMB 822 million ($122 million), according to a statement filed with the Shanghai stock exchange.

Under the terms of… Read More>>

Pollyanna Chu

Home Prices Rose in China’s Biggest Cities in December and More Asia Real Estate Headlines

2019/01/16 by Michael Cole Leave a Comment

Despite six months of policies restricting sales, 59 of 70 cities surveyed by the Chinese government still reported rising home prices last month as homebuyers do not yet seem deterred over reports of rising risk in the market. Also in… Read More>>

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