GLP Japan Raises $3.76B for Logistics Centers
GLP Japan has raised 600 billion yen to create Japan's largest real estate fund. The capital will support the construction of large logistics and e-commerce facilities.
Japan subsidiary GLP Japan raised 600 billion yen ($3.76 billion) Tuesday morning to fund logistics centers. Total investments, including borrowing, will reach 1.7 trillion yen for the venture. The fund represents the country's largest real estate vehicle to date, per the Nikkei report.
