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GLP To Pay $2.8 Billion for Gazeley

GLP To Pay $2.8 Billion for Gazeley

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.

News

GLP Expands Into Europe via 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.

Press Release

Global Logistic Properties Announces €2.4bn Gazeley Buy

Global Logistic Properties Announces €2.4bn Gazeley Buy

Global Logistic Properties has confirmed its €2.4bn (£2.1bn) purchase of Gazeley from Brookfield.

Gazeley is to be subsumed within GLP’s fund management platform and the transaction is due to complete in December.

News

Media contact

For any media related query

Faye Kwan

VP, Global Communications

Media contact

For any media related query

Faye Kwan

VP, Global Communications