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%.
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.
GLP Expands Into Europe via its Fund Management Platform
GLP has entered into a definitive agreement to acquire Gazeley, a premier developer, owner and operator of modern logistics facilities in Europe for approximately US$2.8 billion.