Investor Type | Firm |
Industries | PropTech • Other • FinTech (& Financials services) • Retail (& E-Commerce) • IoT (& Wearables) • A.I. (& Big Data) • Blockchain (& Cryptos) • Payments |
Stages | Acquisition |
Investing | Singapore |
GLP, also known as Global Logistics Properties, is a leading provider of industrial and logistics infrastructure. With a fundamental investment thesis grounded in the growth of e-commerce, supply chain efficiency, and the increasing demand for modern logistics facilities, GLP develops and manages a diverse real estate portfolio, focusing primarily on warehousing and distribution centers. The firm was established in 2009 when the Government of Singapore Investment Corporation (GIC) acquired a majority of Prologis' Asian operations. Founders Jeffrey Schwartz and Ming Mei, former CEOs of Prologis and Prologis China, respectively, have positioned the firm to cater to the high demand logistics real estate market in key global locations including the United States, Brazil, China, Europe, India, Japan, and Vietnam. GLP operates a vast network with 904 million square feet globally, including 27.1 million square feet in the U.S., and manages 85 operational properties in the U.S with over 85 customers. The firm offers a range of real estate solutions such as commercial warehouses, distribution centers, logistics hubs, and last-mile delivery solutions. In addition to their core business, GLP emphasizes sustainability and modern infrastructural features such as smart metering, solar energy, and electronic vehicle (EV) charging to enhance the operational efficiency and sustainability of their properties. Through a strategic partnership with GLP Capital Partners, their exclusive investment, and asset manager, GLP ensures robust capital support and market intelligence that drives informed operational decisions. The firm's commitment to environmental, social, and corporate governance (ESG) is a cornerstone to their business philosophy, aiming to uplift the communities and customers they serve. GLP is also dedicated to fostering a dynamic work environment that encourages innovation and personal growth, reflecting in their search for entrepreneurial and growth-minded team members.