GLP Kawajima, a property being acquired by GLP J-REIT. (Photo: GLP J-REIT)

GLP J-REIT is acquiring stakes in four logistics properties from its sponsor and parent, Global Logistics Properties (GLP).

The REIT, which specialises in logistics properties, currently has a portfolio of 75 properties on Japan’s main Honshu island.

The four additions to the REIT's portfolio are being acquired for a total consideration of JPY38,373 million (USD360 million).


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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.