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GLP enters Europe with US$2.8b deal

It acquires Gazeley, a premier owner and operator of modern logistics facilities, with 3 million sq m in assets

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Global Logistic Properties Ltd (GLP) has formed a beachhead in Europe by entering into a definitive agreement to acquire Gazeley, a premier developer, owner and operator of modern logistics facilities in Europe for US$2.8 billion.

Singapore

GLOBAL Logistic Properties Ltd (GLP) has formed a beachhead in Europe by entering into a definitive agreement to acquire Gazeley, a premier developer, owner and operator of modern logistics facilities in Europe for US$2.8 billion.

This grants GLP access to a portfolio...

sentifi.com

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