Round 2: CPPIB and GLP Form Another Japan Development Venture

Global logistical properties in Asia are in high demand by mega asset owners as supply chains modernize. The Canada Pension Plan Investment Board (CPPIB) and Global Logistics Properties (GLP) formed a 50:50 joint venture called GLP Japan Development Venture II, with total equity commitments of 100 billion JPY (US$ 873 million). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


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