In the News
GLP has established two new European funds which will collectively hold €3.4bn in assets. The acquisition of Gazeley has boosted GLP's total assets under management to €3.6bn from €3.3bn. Gazeley owns 3 million sqm of logistics facilities mostly in the UK and three other key markets in Europe.
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GLP completed its acquisition of Gazeley for US$2.8bn, marking GLP's entry into the European logistics market. GLP established two new funds and increase the size of its fund management platform by US$4 bn.
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GLP has completed the acquisition of Gazeley, a European logistics platform. As part of this transaction, GLP established two new funds and increased the size of its fund management platform by US$4 billion to US$43 billion.
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Shareholders of GLP have given their approval for the company to delist, in what will be one of Asia's largest private equity buyouts in recent years. 96% of shareholders holding at least 75% of the shares voted in favor of the privatization.
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GLP has entered the European logistics market following its $2.8 billion acquisition of Gazeley.
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