GLP Announces $1.75 Billion First Close of CLF III, the Third Vintage of its Flagship China Development Fund Series

More than $7 billion of discretionary development capital for logistics real estate development in China, more than any other private real estate manager

GLP announced today that it has reached a $1.75 billion first close for GLP China Logistics Fund III (“GLP CLF III”) to develop the next generation of modern and environmentally-friendly logistics facilities in China, including smart warehouses with integrated technologies to meet evolving customer requirements.

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