Fund expected to be expanded beyond initial target size of €1.5 billion+ equity on the back of strong investor demand and robust acquisition pipeline.
Luxembourg and London, 23 March 2022 – GLP announced today that it has reached a €1.2 billion (~$1.3 billion) first close for GLP Europe Income Partners III SCSp (“GLP EIP III”), which seeks to generate long-term, stable returns by investing in highquality and well-designed properties in key logistics and distribution locations across Europe.
GLP EIP III is the third vintage of the firm’s flagship pan-European logistics income fund series, targeting €1.5 billion+ of total equity commitments and in excess of €3 billion of assets under management (“AUM”) once fully deployed. Past performance does not predict future returns.
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