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GLP files for US IPO, targets $2bn, but war in Ukraine could derail plans

The company plans to build as much as 2.5GW of data centre horsepower, including through the deployment of $13 billion for the construction of facilities in Japan.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

March 03, 2022 | 1:59 AM GMT

GLP files for US IPO, targets $2bn, but war in Ukraine could derail plans

Dr. Seek Ngee Huat, Chairman of GLP’s Fund Management Advisory Board (left) and Ming Z. Mei, Co-Founder and CEO of GLP. Source: GLP

The Tech Capital

Singapore’s real estate developer and asset manager Global Logistic Properties Pte (GLP) has silently filed for a US IPO of its investment business with a target to raise US$2 billion.

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João Marques Lima

Founder and Editor, The Tech Capital

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