GLP Expands Japan Development Venture By 29% to US$2.2 billion
GLP today announced the expansion of GLP Japan Development Venture, its 50:50 joint venture with Canada Pension Plan Investment Board to develop modern logistics properties in Japan.
GLP To Sell Nine Additional Assets to GLP J-REIT; Fund Management Platform Grows to US$11.9bn
GLP will sell nine wholly-owned properties in Japan to GLP J-REIT. The sale price of JPY53.8 billion (US$529 million) is in line with the properties’ fair market value as of 30 June 2014.