GLP Announces Monetization of International Fund Management Business - Expects to exceed the US$10 billion monetization target
GLP Pte. Ltd. (“GLP” or the “Group”) has today announced that Ares Management Corporation (“Ares”; NYSE: ARES), a leading global alternative investment manager, shall acquire GLP Capital Partners’ (“GCP”) international fund management business in Japan, the U.S., Europe, Brazil and Vietnam (“GCP International”) in a transaction comprising a total initial consideration of US$3.7 billion and an additional earn-out provision of up to US$1.5 billion subject to achieving certain performance objectives.
GLP Capital Partners Completes the Sale of a Portfolio of Three Assets in Spain
GLP Capital Partners (“GCP”), a leading global alternative asset manager, has today announced the sale of a portfolio of logistics assets in Spain, totalling 113,000 sqm, on behalf of its pan-European development fund to EQT Exeter. The three fully-let Grade A Spanish logistics assets are located in Valls, Illescas and Guadalajara.
Ada Infrastructure Approved to Develop 210 MW Data Center Campus in East London’s Royal Docks
Ada Infrastructure, a global leader in sustainable digital infrastructure and the data center platform of GLP Capital Partners (“GCP”), was awarded a resolution to grant planning from the Newham Strategic Development Committee to deliver one of London’s largest data center campuses.
Ada Infrastructure Accelerates Tokyo Expansion with Groundbreaking of Second Building on the Tokyo West 1 Data Center Campus
Ada Infrastructure, GLP Capital Partners’ leading global data center platform, announced the groundbreaking of its second building on the Tokyo West 1 campus, an expansion driven by increased demand from enterprise and hyperscale customers in this top-tier Asia Pacific market.
