GLP Reports 2QFY18 Earnings

GLP reported earnings (PATMI) of US$231 million for the three months ended 30 September 2017, up 34% year-on-year, driven by higher revaluations and foreign exchange gains.

GLP China to Issue RMB1.0bn (US$152m) of Panda Bonds via China's Interbank Market

GLP is the first international company to issue panda bonds on both the Shanghai Stock Exchange and China’s Interbank Market. The bonds have a five-year tenure and carry an annual coupon of 4.99%. 

GLP To Pay $2.8 Billion for Gazeley

GLP expands its global footprint with the acquisition of Gazeley for 2.4 billion euros. GLP itnends to inject assets into its fund management platform.

GLP Expands Into Europe via its Fund Management Platform

GLP has entered into a definitive agreement to acquire Gazeley, a premier developer, owner and operator of modern logistics facilities in Europe for approximately US$2.8 billion.

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.