Japan Development Partners IV acquires site in Greater Tokyo

Japan Development Partners IV (JDP IV), a fund managed by GLP Capital Partners (GCP), has acquired 350,000 square meters (3.8 million square feet) of prime land in Tokyo’s Akishima City.

This acquisition, one of the largest ever for a logistics development in Japan, paves the way for the construction of GLP ALFALINK Akishima, a new mega-scale industrial park.

Located 35 kilometers (21.8 miles) from Tokyo’s CBD, GLP ALFALINK Akishima will be the first ALFALINK to be developed in Tokyo prefecture and extends the successful GLP ALFALINK flagship series in Japan, which focuses on large scale, versatile and sustainable integrated logistics warehousing solutions to meet the needs of cu