Global Logistic Properties collects 3.5 billion for European funds

Posted: 19 September 2018

Global Logistic Properties, a Singapore based company active in modern logistic facilities, announced the close of two funds, one of which dedicated to Europe, for a total amount of 3.5 billion euros.

Long-term investors, including sovereign wealth funds, pension plans, property and insurance companies from North America, Asia, Europe and the Middle East, have invested in the funds. GLP is the manager and retains a 13% stake across both funds.