Logistics giant GLP nets $1b for sixth China income fund

Logistics giant GLP nets $1b for sixth China income fund

GLP Park Shanghai Baoshan was formerly the flagship asset of GLP China Logistics Fund I and is now part of GLP's China income fund series

Global logistics giant GLP has clinched RMB 7.6 billion ($1.05 billion) for the final close of its sixth China income fund, GLP China Income Fund VI (GLP CIF VI), according to an announcement on Monday.