GLP forms strategic investment partnerships with companies that can bring about more opportunities and synergies with our core logistics real estate business globally and expand our investment scope further into adjacent segments.
Over the years, we have formed multiple partnerships with organizations around the globe to expand our capabilities in logistics, real estate, infrastructure, solar energy, finance, private equity, technology and more.
China Merchants Capital
Li & Fung
GLP-C&D Investment Fund
In September 2018, GLP entered the India market through the establishment of a strategic joint venture with IndoSpace, the largest industrial real estate company in India. IndoSpace manages more than US$2 billion of funds.
The partnership enables IndoSpace to leverage GLP's fund management, development and operational expertise and resources, as well as GLP's extensive global customer network, to further strengthen IndoSpace's leadership position in India.
GLP’s strategic investment partnership with China Merchants Capital (CMC), the $38 billion private equity entity of China Merchants Group (CMG), expands GLP's investment scope further into infrastructure, finance and private equity and enables both partners to leverage each other’s network of domestic and international investors to collaborate on the development of new funds.
GLP invested in Li & Fung to help execute on its Logistics/Assets-as-a-Service approach, which uses data analytics and technologies to bring value to customers. Li & Fung is a global leader in creating customized, end-to-end supply chain and logistics solutions to help brands and retailers respond quickly to evolving consumer and production trends.
GLP and China state-owned industrial investment firm Xiamen C&D have launched a private equity fund of funds vehicle with RMB5 billion ($731 million) raised in its first closing. The fund will focus on investment opportunities within the logistics supply chain sector, targeting both upstream production and downstream consumption as well as technological innovations.
GLP China has signed an agreement with Contemporary Amperex Technology Ltd. (“CATL”), the world’s leading battery provider and the largest maker of electric vehicle (“EV”) batteries, to create a new platform aimed at expanding the use of new energy through asset-as-a-service offerings and advancing sustainability in logistics and transportation. The JV will explore a range of opportunities including creating smart energy systems for commercial properties, providing renewable energy to logistics assets and expanding energy storage capabilities for rooftop solar panels and also test the viability of autonomous vehicles in logistics management and transportation to develop green smart supply chain hubs.