GLP expands size of European development fund to $4.7b

GLP expands size of European development fund to $4.7b

Photo: GLP website

Singapore-based GLP has expanded the size and scope of GLP Continental Europe Development Partners I (GLP CDP 1), its partnership fund with Canada Pension Plan Investment Board (CPP Investments) and QuadReal Property Group, to €4 billion ($4.7 billion).

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