SEA Logistics Partners (“SLP”), a leading industrial and logistic infrastructure developer and GLP’s operational platform in Southeast Asia, is pleased to welcome JUSDA and four other leading enterprises as new tenants in SLP Park Yen Phong. JUSDA, a global provider of logistics-related operations and logistics solutions is an existing customer and leases from GLP across multiple locations around the world.
GLP Capital Partners announces RMB 1.75 billion of new capital raised for China value-add strategies
GLP Capital Partners (“GCP”) has closed on approximately RMB 1.75 billion (c. $250 million) of fresh capital for its China value-added strategies. The equity was raised from a leading global institutional investor and when fully leveraged will be invested in a pre-identified portfolio of GLP-developed modern logistics assets valued at approximately RMB 3.5 billion (c. $500 million).
GLP Forecasts Strong Monetizations as Strong Fundamentals and High Demand Continues for Quality Logistics Assets
GLP well under way with programmatic recycling of matured balance sheet assets as it transitions to asset light business model and focuses on high demand new economy sectors.