CPPIB, GLP set up $2.6b open-ended Japan logistics fund

CPPIB, GLP set up $2.6b open-ended Japan logistics fund

A warehouse in Tokyo, Japan. Photo by Alessandro Stigliani on Unsplash.

The Canada Pension Plan Investment Board (CPPIB) has joined hands with global logistics platform GLP to launch GLP Japan Income Fund (GLP JIF), the largest private open-ended logistics fund in Japan, according to an announcement.

GLP JIF already has 280 billion yen ($2.6 billion) in assets under management at inception, comprising of assets that include six LEED Gold and Platinum certified projects.

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