GLP Pte’s US$675 Million China Value-Add Real Estate Fund


Morrison & Foerster LLP advised GLP Pte. Ltd. on the deal.

GLP Pte. Ltd., a leading global investment manager and business builder in logistics, real estate, infrastructure, finance and related technologies, announced the formation of GLP China Value-Add Venture III (“GLP CVA III”) with a group of leading international and domestic institutional investors through a parallel fund structure.

GLP CVA III has a total investment capacity of RMB 4.5 billion (approximately US$675 million) and will invest in modern logistics assets in GLP Park Lingang in Shanghai, the biggest and most advanced port-based logistics park in China. GLP CVA III is the third China-focused value-add fund in GLP’s logistics real estate series which seeks to generate long-term, stable returns, by investing in high-quality and well-designed properties in prominent locations.

The MoFo team advising GLP was led by Singapore partners Shirin Tang (Picture) and Lip Kian Ang and Singapore associate Gillian Teo. Other key team members include Hong Kong partners Serena Tan and Matthew Lau and Hong Kong associates Joanna Wang and Andrew Chin.

Involved fees earner: Lip Kian Ang – Morrison Foerster; Andrew Chin – Morrison Foerster; Matthew Lau – Morrison Foerster; Serena Tan – Morrison Foerster; Shirin Tang – Morrison Foerster; Gillian Teo – Morrison Foerster; Joanna Wang – Morrison Foerster;

Law Firms: Morrison Foerster;

Clients: GLP Pte. Ltd.;

Author: Michael Patrini