GLP expands European fund to target £3.4bn of assets

GLP mid-box unit

GLP is set to grow GLP Continental Europe Development Partners I (GLP CDP I) fund and is now targeting €4bn (£3.4bn) of assets under management (AUM).

GLP and its partners Canada Pension Plan Investment Board, CPP Investment and QuadReal Property Group have agreed to expand the investment capacity of the fund to capitalise on value in its acquisitions pipeline.

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