The addition of this portfolio will expand GLP’s European presence to 10 countries
GLP, a leading global investment manager and business builder in logistics, real estate, infrastructure, finance and related technologies, today announced that it has entered into an agreement to acquire Goodman Group’s Central and Eastern Europe logistics real estate portfolio, subject to regulatory approvals.
GLP entered the European market in December 2017 through the acquisition of Gazeley, a developer, investor and manager of European logistics warehouses and distribution parks with a 2.4 million sqm portfolio across the UK, Germany, France, Spain, Italy, Poland and the Netherlands. The addition of this unique, high-quality portfolio that is spread across Poland, Czech Republic, Slovakia and Hungary will expand GLP’s European presence to 10 countries and it will join a select number of logistics real estate investors with a truly pan-European portfolio.
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