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GLP Grows US Presence with US$1.1b Buy

GLP Grows US Presence with US$1.1b Buy

GLP, a Singapore-based provider of logistics facilities, is making its third industrial acquisition in the U.S. with plans to purchase a $1.1 billion portfolio from Hillwood Development Co. in several phases starting later this year.

News

GLP to Acquire US$1.1 billion US Logistics Portfolio

GLP to Acquire US$1.1 billion US Logistics Portfolio

GLP has entered into a definitive agreement to acquire a US$1.1 billion US logistics portfolio from Hillwood Development Company, LLC.

Press Release

GLP to Buy $1.1bn US Industrial Portfolio

GLP to Buy $1.1bn US Industrial Portfolio

Singapore-based logistics fund manager GLP announced today it has agreed to acquire a $1.1 billion US logistics real estate portfolio from Dallas-based Hillwood Development Company.

News

GLP Establishes Long-Term Strategic Partnership with CIMC

GLP Establishes Long-Term Strategic Partnership with CIMC

GLP has signed a strategic cooperation framework agreement with China International Marine Containers, a leading China-domiciled company specializing in providing modern transportation equipment and services.

Press Release

GLP Continued Capital Recycling Strategy with Further Asset Sales

GLP Continued Capital Recycling Strategy with Further Asset Sales

GLP will sell four properties in Japan to GLP J­REIT for JPY42.7 billion (US$420 million). The sale price is 3% higher than latest appraisal values2 and equates to a weighted average cap rate of 4.8%.

Press Release

Media contact

For any media related query

Faye Kwan

VP, Global Communications

fwee@gcp.com
+65 6933 3608

Media contact

For any media related query

Faye Kwan

VP, Global Communications

fwee@gcp.com
+65 6933 3608