GLP Expands Onshore Income Fund Series with Close of RMB 5.4 Billion CIF VII

Singapore and Shanghai, 25 November 2022 – GLP announced today it has closed GLP China Income Fund VII (“GLP CIF VII”), the seventh fund in GLP’s logistics income fund series with RMB 5.4 billion (~US$743 million) of assets under management (“AUM”). Investors in the fund include leading domestic insurance companies including new and existing investors that have previously participated in its onshore funds.