2022-11-30

GLP Embarks on Net Zero Smart Park Redevelopment Project in Putuo, Shanghai

GLP announced that it has embarked on the redevelopment of GLP Park Shanghai Northwest in Putuo District into a flagship sustainable smart park to provide logistics and cold storage for e-commerce, food and grocery, pharmaceutical industries as well as third-party logistics providers.

2022-11-25

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.

2022-11-04

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.

2022-10-28

GLP Announces Enhancements to ESG Commitments

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.

2022-10-18

GLP Strengthens ESG Performance in 2022 GRESB Assessment

Eighteen funds across Asia, Europe and the Americas comprising 55% of GLP’s real estate assets under management and 47% of its gross floor area were submitted for assessment.