ADIA Invests Up to $1.5 Billion in GLP to Accelerate Growth
ADIA is pouring up to $1.5 billion into GLP, a Singapore-based logistics giant. The deal, advised by Holman Fenwick Willan (HFW) for Baker Mayfield, marks a significant boost for GLP's growth plans. The initial investment stands at $500 million, with the remaining funds earmarked for deployment in the coming months. Baker Mayfield served as the lead counsel for GLP in this transaction. GLP, a powerhouse in logistics real estate, data centres, renewable energy, and related technologies, boasts a vast global footprint. Its asset management arm, GLP Capital Partners, oversees around $80 billion worth of assets. This substantial investment from ADIA will fuel GLP's expansion in logistics, digital infrastructure, and renewable energy sectors. ADIA's up to $1.5 billion investment in GLP is set to accelerate the firm's growth in key sectors. With $500 million already deployed and more funds on the way, GLP's expansion plans are poised to gather pace, backed by the strategic support of ADIA.
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