GLP raises £3.1bn for Gazeley investment funds

Magna Park Kassel, Germany

Global Logistics Portfolio (GLP) has raised £3.1bn at the close of the two funds it established having acquired logistics development company Gazeley from Brookfield last year for $2.8bn.

GLP Europe Income Partners I and GLP Europe Development Partners I were established in December 2017 in conjunction with the completion of GLP’s acquisition of Gazeley and have attracted investment from a range of sovereign wealth funds, pension plans, property and insurance companies from North America, Asia, Europe and the Middle East. These included Oxford Properties, Tesco Pension Investment and the Korea Fire Officials Credit Union.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue