GLP Capital Partners Completes Sale of 13 Logistics Assets to BTG Pactual for R$1.77 billion
GLP Capital Partners (“GCP”), a leading global alternative asset manager, has concluded the sale of 13 logistics assets from its portfolio in Brazil for a total of R$1.77 billion to BTG Pactual Logistica FI Imobiliario (“BTLG11”) managed by BTG Pactual.
Ares Management Corporation to Acquire GCP International
Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that it has entered into a definitive agreement to acquire the international business of GLP Capital Partners Limited and certain of its affiliates, excluding its operations in Greater China.
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.