GLP J-REIT’s strong debut on the Tokyo Stock Exchange underscored how REITs are becoming a bright spot on Japan’s stock market, bolstered by a recovery in commercial rental and property prices and improving supply & demand conditions.
GLP and CPPIB Expand Japan Development Venture to US$2.2 billion
GLP today announced the expansion of GLP Japan Development Venture, its 50:50 joint venture with Canada Pension Plan Investment Board to develop modern logistics properties in Japan.
