[ad_1]
GLP Capital Partners has raised RMB 10 billion (EUR 1.3 billion) for its latest China Income Logistics Fund.
The manager’s China Income Fund XII (CIF Backed by investors.
According to the manager, CIF XII’s portfolio is supported by a diverse and blue-chip tenant base, including e-commerce, automotive, third-party logistics companies, alternative energy, and intelligent and high-tech manufacturing companies.
“We have strong confidence in the strong fundamentals and growth prospects of new economy asset classes such as modern logistics parks, technology parks and high-tech manufacturing parks,” said Teresa Juge, President of China at GLP. Stated.
Zhuge said China’s industrial operations, especially the high-tech manufacturing sector, have achieved rapid growth due to favorable government policies and a recovery in global demand for consumer products.
It added that the Chinese government has introduced government-supported policies such as “Made in China 2025” and “Intelligent Manufacturing Development Plan (2016-2020)” to propel the industry to the next stage of development.
“The China Torch program encourages clustering of software and information technology companies to support innovation, resulting in increased demand for real estate in science and technology parks.
Click here to read the latest IPE Real Assets magazine.
[ad_2]
Source link
