GLP Capital Partners establishes RMB 4.3 billion income fund with new onshore LP

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.

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