GLP expands its global footprint with the acquisition of Gazeley for 2.4 billion euros. GLP itnends to inject assets into its fund management platform.
A Chinese-backed consortium made an offer for one of the world’s largest warehousing companies, Global Logistic Properties Ltd., in what would be the biggest deal ever recorded in Southeast Asia.
GLP, a Singapore-based provider of logistics facilities, is making its third industrial acquisition in the U.S. with plans to purchase a $1.1 billion portfolio from Hillwood Development Co. in several phases starting later this year.
Singapore-based logistics fund manager GLP announced today it has agreed to acquire a $1.1 billion US logistics real estate portfolio from Dallas-based Hillwood Development Company.