GLP J-REIT secures first right of refusal on new Okayama logistics hub

GLP J-REIT announced on 18 August 2026 that it has obtained a preferential negotiation right over Marq Hayashima 4, a newly completed logistics facility in Okayama.

The asset was developed by the sponsor group and has already been sold to an undisclosed bridge-scheme provider described only as "a major leasing company."

That structure allows the sponsor to crystallise development gains upfront while GLP J-REIT retains the right, but not the obligation, to buy the asset later from the bridge entity within a preferential negotiation period.