GLP announced today it has closed GLP China Income Fund VI (“GLP CIF VI”), an onshore income fund with RMB 7.6 billion (~US$1.05 billion) of assets under management (“AUM”). Investors in the fund include leading domestic insurance companies, as well as other existing GLP institutional investment partners.
GLP ASP Appointed Asset Manager of Largest Integrated Agricultural Supply Chain Facility in Linyi, Shandong
GLP Asset Service Platform (ASP) announced that it has signed a contract with the Zhongnong Finance Agricultural and Sideline Products Grain and Oil Industrial Park to provide asset management and operation services. ASP is the customer-oriented asset management platform of GLP, deploying operations support, a suite of services and advanced technologies to provide full life cycle asset management services for GLP-owned and external logistics and industrial parks. ASP currently manages over 500 logistics and industrial parks and serves over 3000 customers.
GLP Pte Ltd. (“GLP”) announced that the company is enhancing its climate risk assessment during the pre-investment stage based on recommendations by the Taskforce on Climate-related Financial Disclosures (“TCFD”) and adding a new governance policy to strengthen our commitment to manage conflicts of interest.
GLP Strengthens ESG Performance in 2022 GRESB Assessment
Eighteen funds across Asia, Europe and the Americas comprising 55% of GLP’s real estate assets under management and 47% of its gross floor area were submitted for assessment.