Japan Income Fund grows to JPY 453 billion in capital commitments
GLP Capital Partners (“GCP”) today announced that Japan Income Fund (“JIF”), its flagship logistics-focused, private open-ended core strategy, has reached approximately JPY 453 billion ($3.2 billion[1]) in total capital commitments. This follows JPY 15 billion (~$106 million) of new inflows, including a sizeable commitment from a domestic real estate company.
GLP C-REIT makes history with $260 million follow-on offering on Shanghai Stock Exchange
GLP C-REIT (SSE: 508056) has completed a landmark follow-on equity offering of RMB 1.85 billion (~$260 million) and the new shares have started trading on the Shanghai Stock Exchange (SSE). The placement was supported by 16 leading domestic institutions including asset management firms, securities companies, and insurance companies.
$1 Billion GLP ALFALINK Sagamihara Fully Leased Upon Completion
GLP Pte Ltd. (“GLP”) is pleased to announce the successful completion of GLP ALFALINK Sagamihara, a massive-scale new age logistics campus in Greater Tokyo. Built at a total investment cost of JPY 150 billion (~$1 billion), this highly anticipated project spans a gross floor area of 680,000 square meters across four buildings.
JPY 10 billion contributed by high net worth i