GLP secures €300m development and term facility

By Mitchell Labiak2019-03-06T11:34:00

Logistics facilities provider GLP has secured a 7-year, €300m (£258m) pan-European development and term facility from RBC Real Estate Capital Partners (RECP) for its European fund.

The new facility will initially be secured against 12 properties located in the UK, Germany and France. The bespoke loan may be upsized with additional developments in the fund’s pipeline.

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

Access up to four FREE articles 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

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue