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.

GLP intends to retain the existing Gazeley management team, which is led by Pat McGillycuddy, and operates from five offices.

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