GLP Closes US$2.8bn Gazeley Acquisition

GLP completed its acquisition of Gazeley for US$2.8bn, marking GLP's entry into the European logistics market.

GLP established two new funds and increase the size of its fund management platform by US$4 bn.

GLP Completes Acquisition of Gazeley and Establishes Two New European Funds

GLP today announced that it has completed the acquisition of Gazeley, a premier developer, investor and manager of European logistics warehouses and distribution parks.

GLP Shareholders Approve Privatization

GLP today announced that its shareholders have approved the proposed acquisition of all the issued and paid-up ordinary shares in the capital of GLP, by Nesta Investment Holdings Limited, via a scheme of arrangement, at the Scheme Meeting held today.

GLP Reports 2QFY18 Earnings

GLP reported earnings (PATMI) of US$231 million for the three months ended 30 September 2017, up 34% year-on-year, driven by higher revaluations and foreign exchange gains.

GLP China to Issue RMB1.0bn (US$152m) of Panda Bonds via China's Interbank Market

GLP is the first international company to issue panda bonds on both the Shanghai Stock Exchange and China’s Interbank Market. The bonds have a five-year tenure and carry an annual coupon of 4.99%.