Largest Japan-focused private real estate fund to date; Expected to reach over JPY 1 trillion (~$9.1 billion) AUM when fully deployed
GLP announced today the establishment of the largest ever Japan-focused private real estate fund. GLP Japan Development Partners IV (“GLP JDP IV”) has raised JPY311 billion (~$2.75 billion), breaking the previous fundraising record set by its predecessor, the 2018-vintage JPY250 billion (~$2.3 billion) GLP JDP III which has reached full capacity.