GLP Expands Onshore Income Fund Series with Close of RMB 5.4 Billion CIF VII
GLP announced today it has closed GLP China Income Fund VII (“GLP CIF VII”), the seventh fund in GLP’s logistics income fund series with RMB 5.4 billion (~US$743 million) of assets under management (“AUM”). Investors in the fund include leading domestic insurance companies including new and existing investors that have previously participated in its onshore funds.
GLP ASP Appointed Asset Manager of Largest Integrated Agricultural Supply Chain Facility in Linyi, Shandong
GLP Asset Service Platform (ASP) announced that it has signed a contract with the Zhongnong Finance Agricultural and Sideline Products Grain and Oil Industrial Park to provide asset management and operation services. ASP is the customer-oriented asset management platform of GLP, deploying operations support, a suite of services and advanced technologies to provide full life cycle asset management services for GLP-owned and external logistics and industrial parks. ASP currently manages over 500 logistics and industrial parks and serves over 3000 customers.
GLP Pte Ltd. (“GLP”) announced that the company is enhancing its climate risk assessment during the pre-investment stage based on recommendations by the Taskforce on Climate-related Financial Disclosures (“TCFD”) and adding a new governance policy to strengthen our commitment to manage conflicts of interest.
The final report reflects the most material ESG topics to the business and is built on the back of GLP’s largest data assessment to date which consolidated country and asset level data across geographies.
GLP Acquires Site for 22,000 SQM Grade A Warehouse in Anagni
The plot is located in a key logistics area within the Roman market, thanks to its excellent road links and strategic position in close proximity to the A1 highway – the main axis between Rome and Naples.