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GLP Exceeds Target With €1.6bn Equity Raise for GLP Europe Income Partners II

GLP Now Manages €10bn of AUM Across Europe’s Strongest Logistics Markets
Source: Getty Images
Source: Getty Images
CoStar News
January 15, 2021 | 7:30 AM

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.

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