GLP announced the largest ever private real estate fund ever raised in Japan with its flagship Japan logistics development strategy attracting JPY 412 billion or $3.7 billion from global institutional investors.
GLP Japan Development Partners IV (GLP JDP IV), which began raising capital last October, is roughly 65% larger than its predecessor fund with a 2018 vintage. Once fully deployed, the strategy is expected to reach $9 billion in AUM with a focus on developing modern logistics facilities in Japan. The focus remains on larger-scale projects in Osaka and Tokyo regions.
“The successful . . .
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