Round 2: CPPIB and GLP Form Another Japan Development Venture
Posted on 02/17/2016
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). GLP Japan Development Venture […]