Launched in October 2021 to develop modern logistics facilities in Japan, in particular large-scale projects in the greater Tokyo and Osaka regions, GLP JDP IV was more than 2.0 times oversubscribed based on the initial target size of JPY 300 billion and closed at its JPY 412 billion hard cap. The latest round of fundraising for GLP JDP IV totalled JPY 101 billion from nine international and domestic investors, marking strong momentum and continued demand by investors for logistics sector opportunities.
GLP also manages the GLP Japan Income Fund (GLP JIF) – the company’s private open-ended core strategy – surpassing JPY 300 billion in total capital commitments. GLP JIF was launched in August 2020 to provide long-term stable returns by investing in high-quality and well-designed properties in Japan. To-date, more than 50 international and domestic institutional partners have committed to GLP JIF.
