GLP Capital Partners (“GCP) has entered into an agreement to establish a new strategy, GCP China Advanced Research Manufacturing Value-Add Partners (“CAVP”). The fund offers an initial investment capacity exceeding $350 million and will target industrial park investments with an ARM focus in China’s core economic hubs.
CAVP will initially acquire a high specification industrial park from LP’s balance sheet located in Beijing with over 140,000 SQM of net leasable area, serving customers in highend automobile manufacturing, aviation, autonomous driving and renewable energy industries. Developed and managed by LP, the park’s excellent operational performance has positioned it as a flagshipARM facility in the region.
You can now read the full press release at the link below
