GLP Capital Partners (GCP) has entered into an agreement to establish a new strategy, GCP China Advanced Research Manufacturing Value-Add Partners (CAVP).
The fund offers an initial investment capacity exceeding $350 million and will target industrial-park investments with an ARM focus in China’s core economic hubs.
CAVP will initially acquire a high-specification industrial park from GLP’s balance sheet in Beijing with more than 140,000 square meters (1.5 million square feet) of net leasable area, serving customers in high-end automobile manufacturing, aviation, autonomous-driving and renewable-energy industries. Developed and managed by GLP, the park’s excellent operational performance has positioned it as a flagship ARM facility in the regio