GLP Announces €1.2 billion First Close for EIP III, the Third Vintage of its Flagship Pan-European Income Logistics Fund Series

Fund expected to be expanded beyond initial target size of €1.5 billion+ equity on the back of strong investor demand and robust acquisition pipeline.

Luxembourg and London, 23 March 2022 – GLP announced today that it has reached a €1.2 billion (~$1.3 billion) first close for GLP Europe Income Partners III SCSp (“GLP EIP III”), which seeks to generate long-term, stable returns by investing in highquality and well-designed properties in key logistics and distribution locations across Europe.

GLP EIP III is the third vintage of the firm’s flagship pan-European logistics income fund series, targeting €1.5 billion+ of total equity commitments and in excess of €3 billion of assets under management (“AUM”) once fully deployed. Past performance does not predict future returns.

You can now read the full press release at the link below

Supporting documents

Click link to download and view these files