GLP, a rising emperor

2 of the the world's high growth markets namely China and Brazil had committed huge sums of investment as a sign of confidence in the growth prospects of warehouse leasing business.

A group of chinese investors which includes major players like Bank of China Group and private equity firm Hopu Funds will invest $2.35 billion in GLP. E-commerce in China is starting to bloom which saw in increased in demand for lease warehouses.

GLP Brazil Development Partners I fund, had raised an extra 538 million reals ($227 million).

Source: http://www.worldpropertychannel.com/asia-pacific-commercial-news/asian-warehouse-operators-see-influx-of-capital-demand-for-logistics-properties-global-logistics-properties-goodman-group-ming-mei-paul-mcgarry-8029.php

While GLP still had good valuations after a recent drop in share price from $3+ to 2.8+, it will not stay low at the level of demand for warehousing facilities.