GLP leased a record 19 million sqm (203 million sq ft) in 2018. GLP’s strong leasing performance reflects the value created through its technology-led logistics ecosystem.
GLP Establishes US$1.5 billion GLP US Income Partners III
GLP has established GLP US Income Partners III with total equity commitments of US$620 million. Six leading global institutional investors from Asia, US and Middle East have committed for a stake of approximately 90%.
GLP Announces Strategic Sale of Greater Tokyo Asset
GLP continues its capital recycling strategy with the sale of GLP Narita to a private equity fund. The sale price of JPY8.2 billion (US$72 million) equates to a 4.9% cap rate and represents a 12% premium to book value.
