Warehouse operator GLP readies $5bn for Japan

Asia's top logistics facilities provider eyes more than 10 projects

20181221N warehouse

A warehouse operated by GLP in Japan's Saitama Prefecture.

TAIZO WADA and AKIHIRO OTA, Nikkei staff writers

TOKYO -- Global warehouse operator GLP will set up an investment fund to pour around 625 billion yen ($5.6 billion) into logistics facility development in Japan, targeting a dozen or so properties planned in 2019 and beyond.

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