GIC-backed Global Logistics Properties launches $620m fund

GIC-backed Global Logistics Properties launches $620m fund

Photo: Pixabay

Warehouse provider Global Logistic Properties (GLP), which is listed on the SGX Mainboard and backed by Singapore’s sovereign wealth fund GIC, has launched a $620 million fund – GLP US Income Partners III –  that is expected to invest $1.5 billion over three years. M3 Capital Partners (HK) Limited is acting as exclusive financial advisor to GLP in connection with the formation of GLP US Income Partners III.

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