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GLP J-REIT Raises JPY 28 billion Through First Accelerated Global Offering to International and Domestic Investors

2021-08-04T10:18:00

GLP J-REIT has successfully completed three public offerings over the last 12 months and achieved the highest external growth among logistics J-REITs

GLP today announced that Japanese real estate investment trust GLP J-REIT (TSE: 3281), managed by GLP Group, has completed its first accelerated global offering (“AGO”) to international and domestic investors, raising JPY 28 billion (offer price based, approximately $250 million) for the acquisition of four modern, well-located logistics assets in the Tokyo metropolitan area and the Greater Osaka area. The AGO is a first among J-REITs and attracted strong interest from high-quality Japanese and international investors.

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