Brookfield Asset Management and GLP lead new funding round for real estate technology firm VTS
Real estate technology firm VTS raised $90 million, one of the largest venture investments ever in the commercial property market. The funding was led by Brookfield Asset Management and GLP.
GLP will set up an investment fund to pour around 625 billion yen ($5.6 billion) into logistics facility development in Japan, targeting a dozen or so properties planned in 2019 and beyond.