GLP Dongguan Xinsha Achieves Highest Level of Net Zero Carbon Certification for Logistics Parks in China by TÜV Rheinland and BRE
GLP Park Dongguan Xinsha has been awarded the Certification of Outstanding for Net-Zero Carbon Buildings for logistics parks by TÜV Rheinland and the British Research Establishment (BRE) which seeks to recognise projects with low carbon development and operations.
Hidden Hill Capital Announces $465M Close of Hidden Hill Foundation Fund Exceeding Target
Hidden Hill Capital (“Hidden Hill”) a private equity manager backed by GLP, announced the final close of its USD denominated Hidden Hill Foundation Fund, which was oversubscribed, and closed with $465 million of commitments from a well-diversified investor group including lead investor NewQuest Capital Partners and other top investors from North America, Asia and Europe.
GLP Embarks on Net Zero Smart Park Redevelopment Project in Putuo, Shanghai
GLP announced that it has embarked on the redevelopment of GLP Park Shanghai Northwest in Putuo District into a flagship sustainable smart park to provide logistics and cold storage for e-commerce, food and grocery, pharmaceutical industries as well as third-party logistics providers.
GLP Expands Onshore Income Fund Series with Close of RMB 5.4 Billion CIF VII
GLP announced today it has closed GLP China Income Fund VII (“GLP CIF VII”), the seventh fund in GLP’s logistics income fund series with RMB 5.4 billion (~US$743 million) of assets under management (“AUM”). Investors in the fund include leading domestic insurance companies including new and existing investors that have previously participated in its onshore funds.
GLP Announces $1.2 Billion First Close of China Value-Add Partners IV
GLP announced today the first close of GLP China Value- Add Partners IV (“GLP CVA IV”) with $1.2 billion in equity commitments and approximately $2.6 billion of investment capacity from a number of GLP’s long-term institutional investment partners including APG Asset Management N.V (“APG”), the investment manager for the largest pension provider in the Netherlands.