GLP

M&A

Ares agrees to buy GLP Capital Partners’ ex-China assets for up to US$5.2 bil

The firm grew out of Singapore-based GLP, a developer and operator of warehouses that has benefited from the boom in e-commerce.

M&A

Ares said to agree on acquisition of GLP Capital Partners’ ex-China business

The firm grew out of Singapore-based GLP, a developer and operator of warehouses. It became a separate entity — GLP Capital Partners — after a series of transactions in 2022.
GLP Loses Last Investment-Grade Rating From S&P as Asset Sales Drag on - THE EDGE SINGAPORE

Property

GLP loses last investment-grade rating from S&P as asset sales drag on

GLP stripped of investment grade rating by S&P on slow asset monetisation
Former Investor Darling GLP Is Now Sliding Into Distress in Asia.   - THE EDGE SINGAPORE

Debt and defaults

Former investor darling GLP is now sliding into distress in Asia

GLP's dollar notes have lost most among Asia high-grade in 2023. GLP says liquidity is ample, has worked on governance concerns

IPO

GLP-backed IndoSpace weighing US$700 mil Singapore IPO

Founded in 2007, IndoSpace has invested more than US$3 billion in 44 industrial and logistics parks in India
GLP self-executes first $100 million note issue on DBS' FIX Marketplace - THE EDGE SINGAPORE

Finance

GLP self-executes first $100 million note issue on DBS' FIX Marketplace

The $100 mil issued via FIX Marketplace is part of GLP's US$1 billion issue

Funds

GLP announces closing of JPY 412 billion logistics fund

GLP announces largest every closing of a Japanese private fund, and looking JPY 1 trillion in AUM of Japanese logistics assets

Private equity

Singapore’s GLP seeks US$2.5 bil for China logistics fund

GLP was taken private in 2017 after a seven-year listing on Singapore’s stock exchange.

Deals, joint ventures & alliances

AIA to partner GLP to invest in global logistics real estate industry

Shares in AIA closed HK$1.30 higher or 1.38% up at HK$95.25 on Aug 27.
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