GLP Upsizes European Development Fund, Targeting €4 Billion in AUM

The upsize will fund strategic expansion and transform the platform into a diversified Pan-European vehicle

GLP announced today a strategic expansion in size and scope of GLP Continental Europe Development Partners I (“GLP CDP I”). GLP and its partners Canada Pension Plan Investment Board (“CPP Investments”) through its wholly owned subsidiary, CPP Investment Board Europe S.à r.l., and QuadReal Property Group (“QuadReal”) have agreed to expand the investment capacity of GLP CDP I, targeting €4 billion of assets under management (“AUM”) (~US$4.9 billion) upon stabilization.

 You can now read the full press release at the link below 


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