Following its first closing announcement on 29 September, GLP announced today that it has raised an additional €500m for its pan-European logistics fund, GLP Europe Income Partners II (“GLP EIP II”). The additional capital brings the total equity commitments to approximately €1.6bn ($2 bn), exceeding its original target, and enabling the fund to reach €3.2bn of assets under management once fully deployed. The additional equity was raised from institutional investment partners across Europe, the Middle East and Asia.