CIF X is fully seeded with 13 industrial parks from GLP’s balance sheet with over 970,000 SQM NLA
GLP Capital Partners (“GCP”) has established a new RMB 4.3 billion AUM fund in partnership with a leading domestic insurance provider. China Income Fund X (“CIF X”) marks the latest addition to GCP’s onshore income fund series which launched in 2020.
The fund is seeded with 13 stabilised income-generating industrial park assets with a total leasable area of over 970,000 SQM strategically located in core markets including Shanghai, Kunshan, Shaoxing, Tianjin, Chongqing, Shenyang and Dalian.
You can now read the full press release at the link below
