What Global Logistic Properties does

Global Logistic Properties (GLP / 普洛斯) is a privately-held new economy infrastructure and investment management company headquartered in Shanghai with a global operating footprint across 17 countries. Founded in 2009 and privatized in 2018 in Asia's largest private equity buyout (approximately US$7.6 billion, led by Hillhouse Capital), GLP manages approximately US$80 billion in AUM as of December 2025 across 48+ real estate and private equity funds backed by 140+ institutional investors including sovereign wealth funds, pension funds, and insurance companies.

GLP operates an integrated platform-plus-asset model across three core asset classes: (1) supply chain infrastructure, comprising 420+ logistics, industrial, R&D, and cold-chain facilities across 70+ Chinese cities, serving tenants such as SHEIN, BMW, Daimler, Li Auto, Xiaomi, ALDI, Costco, and Adidas; (2) data center and computing infrastructure, providing 1,400MW of available IT load capacity (420MW+ delivered) for hyperscale cloud, AI computing, and internet clients across 12+ operational data centers; and (3) new energy infrastructure, with 1.4GW+ of managed grid-connected renewable capacity (3GW+ development pipeline) spanning distributed solar PV, concentrated solar, wind, and storage. GLP's revenue model combines recurring asset management fees from institutional fund vehicles, rental income from its logistics portfolio, data center services billed by IT load or cabinet count, capital recycling gains through REIT listings (GLP REIT, 508056.SH) and fund exits, and management fees plus carried interest from its 48+ funds.

GLP's competitive position rests on proprietary operating technology (GLP DCBASE intelligent data center management, GLP ASP asset operations platform, PuCold cold chain IoT, Haina carbon management), extensive ESG credentials (480+ green building certifications including China's first net-zero logistics park), and a diversified subsidiary structure encompassing GLP Capital GCP (fund management), Hidden Hill Capital (PE platform with US$465M USD fund and ~8 billion yuan RMB Fund II), GLCold (cold chain), GLP Renewables (distributed energy), and Haiyi Design (architectural design). The firm is privately held following the 2018 privatization, with Abu Dhabi Investment Authority and Zhejiang State-owned Assets taking strategic group-level positions in 2025.

Name

Global Logistic Properties

Legal name

普洛斯投资（上海）有限公司

Website

https://glp.com.cn

Company type

Private

Founded year

2009

Operating status

Operating

Short description

Global Logistic Properties (普洛斯) is a privately-held Chinese new economy infrastructure platform managing US$80 billion in AUM across 420+ logistics parks, 1,400MW of data center capacity, and 1.4GW of new energy assets for 3,000+ corporate and institutional customers globally.

Ownership category

akta.pro rank

Product category

Logistics Infrastructure Services

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (52599)

akta.pro primary industry

Energy & Power Infrastructure Funds (Generation, Transmission, Storage) (FSANAEAB)

akta.pro secondary industries

Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD), Energy & Sustainability / Climate Growth Equity (FSANACAG), Development-Stage M&A & Portfolio Acquisition (Early-Stage/Ready-to-Build) (EUAMAAAF)

Keywords

• Logistics infrastructure services
• Industrial real estate investment
• Data center operations
• Renewable energy infrastructure
• Supply chain solutions

Headquarters

HQ city

Shanghai

HQ country

China

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Asset Management Fees: GLP earns recurring management fees and performance/incentive fees from managing 48+ real estate and private equity funds for global institutional investors. Assets span logistics, data centers, and new energy infrastructure globally.
2. Asset Development & Monetization: GLP develops and operates new economy infrastructure assets, then monetizes mature assets by selling into syndicated funds or GLP-managed REITs, generating development profits and recycling capital for new investments.
3. Logistics & Industrial Park Rental: GLP generates rental income from its portfolio of 420+ logistics, industrial, and R&D infrastructure properties across 70+ Chinese cities, serving e-commerce, 3PL, retail, cold chain, and manufacturing tenants.
4. Data Center Services: Revenue from providing IT load capacity, managed hosting, and full-lifecycle IT services to hyperscale cloud providers, internet companies, and AI/cognitive computing clients. Delivered IT load exceeds 420MW with 1,400MW total available capacity.
5. New Energy Infrastructure: Revenue from development, ownership, and operation of distributed solar PV, concentrated solar, wind, and energy storage projects. Cumulative installed capacity exceeds 1.4GW, generating ~11.6 billion kWh annually.
6. REIT Distributions & Public Market Returns: GLP REIT (中金普洛斯REIT, 508056.SH) on SSE distributes dividends to unitholders; GLP earns sponsor distributions and ongoing asset management fees. REIT has completed 14+ distributions totaling ~14 billion yuan since listing.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels8 records

Core offering

GLP develops, owns, and operates modern logistics parks, data centers (computing power centers), and new energy infrastructure (solar, wind, storage) in China, while running a global investment management platform with 48+ funds serving institutional investors. The company integrates asset development, operational management (via GLP ASP and GLP DCBASE platforms), and capital recycling through fund issuance and the publicly listed GLP REIT on the Shanghai Stock Exchange.

Product overview

GLP (Global Logistic Properties / 普洛斯) is a global leader in new economy infrastructure services and investment management, operating as an integrated platform-plus-services model across three core business areas: supply chain (logistics parks, industrial parks, aviation logistics), big data (data centers/computing power centers), and new energy (solar, wind, storage). The company offers comprehensive industrial services including GLP Asset Operation Service (ASP) for full lifecycle asset management, GLP FinTech for supply chain finance, GLP Cold for cold chain logistics, and GLP Capital GCP for fund management. The portfolio includes 420+ logistics and industrial facilities, 1,400MW of data center IT load capacity, and 1.4GW+ of new energy installed capacity. Supporting services include Hidden Mountain Capital (private equity), GLP REIT (public REIT), Haiyi Design (architecture), and Hainu Carbon Management Platform (carbon management). The company manages $80 billion in assets under management as of December 2025.

Differentiator

Problem solved

Functional benefit

Brands

• GLP Capital GCP (普洛斯资本GCP): Investment and asset management platform managing real estate and private equity funds globally
• Hidden Hill Capital (隐山资本)
• GLCold (普冷)
• GLP ASP (普洛斯资产运营服务)
• GLP Renewables (普枫新能源)
• GLP REIT (中金普洛斯REIT)
• Ada Infrastructure
• InnoChain (际链科技)
• HaiYi Design (海屹设计)
• Spring Love Foundation (泉爱公益基金会)

Products and services

• GLP Logistics and Industrial Parks Network of 420+ logistics, warehousing, manufacturing and R&D industrial infrastructure assets in 70+ Chinese cities serving e-commerce, 3PL, retail, cold chain, and manufacturing tenants with high-bay, automation-ready facilities.
• GLP Data Center / Computing Power Center Leading independent data center operator in China providing full lifecycle data center solutions including planning, design, construction, and operations with 1,400MW total IT load capacity serving hyperscale cloud providers, internet companies, and AI computing clients.
• New Energy Infrastructure Comprehensive new energy infrastructure services including distributed photovoltaic, wind energy, and energy storage solutions with cumulative installed capacity exceeding 1.4GW and annual generation of ~11.6 billion kWh.
• GLP Asset Operation Service (ASP) China's leading infrastructure asset management service platform providing full lifecycle management services including technology-enabled operations, smart security, energy management, and fire safety for logistics and industrial parks.
• GLP Cold Chain (GLCold / 普冷) Smart cold chain logistics operator committed to establishing a nationwide high-standard cold storage operation network, providing comprehensive cold chain warehousing and distribution services across 30+ cities.
• GLP Capital GCP (Fund Management Platform) GLP's investment and asset management platform managing 48+ diversified real estate and private equity funds globally for institutional investors, with ~US$80 billion AUM.
• GLP REIT (中金普洛斯REIT, 508056.SH)

Quantifiable outcome

• 92% global occupancy rate across GLP's logistics portfolio
• +7 more outcomes

Named customers14 records

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature7 records

Partnerships

Eight partnerships are on record, tiered strategic, flagship and minor.

• Huawei / 华为strategicStrategic or Co-development Partner · 1 April 2026GLP and Huawei upgraded their comprehensive strategic partnership in April 2026, with Huawei providing technology solutions to enhance GLP's park customer service capabilities across digital and intelligent dimensions.
• Chongqing Municipal Government / 重庆市人民政府flagshipStrategic or Co-development Partner · 15 May 2024Chongqing municipal government and GLP signed a comprehensive strategic cooperation framework agreement covering new energy industry, modern producer services, and asset management. The cooperation aims to deepen GLP's participation in new infrastructure development in Chongqing and the Western Land-Sea Corridor.
• China Telecom / 中国电信strategicTechnology or Integration · 15 May 2024GLP Computing Center partnered with China Telecom to co-build the Chongqing Cloud Valley Big Data Center project, and deployed edge computing nodes in Chongqing Qijiang, supporting the national 'East Data West Compute' strategy.
• Zhaoqing Municipal Government / 肇庆市人民政府strategicStrategic or Co-development Partner · 15 May 2024Zhaoqing city government collaborated with GLP to host the GLP x SHEIN cross-border supply chain forum, attracting cross-border e-commerce industry partners to invest in the Bay Area. GLP is building major infrastructure in Zhaoqing for SHEIN.
• SHEIN (希音)flagshipStrategic or Co-development Partner · 1 May 2024GLP and SHEIN co-developed the SHEIN Bay Area West Smart Industrial Park in Zhaoqing (600,000+ sqm, ~3.5 billion yuan investment), GLP's largest single client customization project. The partnership includes supply chain, cross-border logistics, automation, ESG, and potentially new energy and data center cooperation.
• State Power Investment Corporation / 国电投strategicTechnology or Integration · 7 March 2024GLP partnered with State Power Investment Corporation to co-develop the first concentrated solar project in Yunnan (160MW) and wind projects in Shanxi (40MW) and Henan (21MW), contributing to GLP's new energy infrastructure development.
• Pudong Software Park / 上海浦东软件园minorStrategic or Co-development Partner · 1 May 2023GLP研究院 partnered with 浦软创投 to co-build and operate the GLP Haina Open Innovation Center, located within Shanghai Pudong Software Park, providing office space and ecosystem services to startups in AI, robotics, and IoT.
• Logistics and supply chain technology companies (立镖机器人, 西门子, 林德物料搬运, 海柔创新, 极智嘉, 慧仓机器人)strategicTechnology or Integration · 1 January 2023GLP formed strategic partnerships with leading logistics automation companies including LB Picking Robot, Siemens, Linde MH, Hai Robotics, Geek+, and HuiCang Robotics to co-build smart logistics park innovation pilot projects, integrating robotics and automation into GLP's logistics infrastructure.

Scale indicators17 records

Recent moves12 records

Expansion highlights7 records

Direct peers

• GDS Holdings: GDS Holdings is one of China's largest third-party data center operators, serving hyperscale cloud and internet customers across Tier-1 Chinese cities. It directly competes with GLP's data center business for hyperscale and AI compute customers in the same core hubs (Shanghai, Beijing, Chongqing).
• Prologis: Prologis is the global market leader in logistics real estate, with an Investment Platform that combines direct development, fund management, and REIT structures analogous to GLP's capital recycling model. It is the blueprint benchmark for GLP's logistics ambitions and a direct competitive reference for institutional-grade logistics investing.
• Mapletree Logistics Trust: Mapletree Logistics Trust is a Singapore-listed logistics REIT with significant China exposure, comparable to GLP REIT in scope and geography. Both serve institutional and retail investors seeking exposure to Chinese logistics real estate through publicly traded vehicles and compete for capital allocation.
• Goodman Group: Goodman Group operates a partnership-style industrial real estate development and fund management platform with significant Asia-Pacific exposure, directly overlapping GLP's operating geography. Its development-managed-fund-investment model mirrors GLP's structure and its institutional LP base competes for the same global capital pool.
• VNET Group: VNET Group is a leading Chinese carrier-neutral data center operator serving hyperscale cloud and internet customers. It directly competes with GLP Computing Center for AI computing and colocation tenants across China's core economic zones.
• ESR Group: ESR Group is the closest Asia-Pacific direct competitor to GLP, operating a pan-Asia logistics and data center real estate platform with co-investment from Warburg Pincus. Both companies develop logistics parks, raise third-party capital via funds, and pursue REIT exits in Asia, making business model, geography, and customer profile highly comparable.

Broad incumbents

• Blackstone: Blackstone is the world's largest alternative asset manager with a major real estate and infrastructure platform (BREIT, BPP). It is a broader incumbent that competes globally with GLP Capital GCP for institutional LP capital and pursues thematic infrastructure strategies at scale.
• Brookfield Asset Management: Brookfield Asset Management is a major global alternative asset manager with deep real assets and infrastructure franchises. It competes with GLP Capital GCP for institutional allocations to industrial, logistics, digital infrastructure, and renewable energy funds, and operates a comparable capital-recycling platform.
• Digital Realty Trust: Digital Realty is a global hyperscale and colocation data center REIT/operator. While primarily US- and Europe-focused, it serves many of the same multinational enterprise and cloud customers as GLP's global computing center business and represents the publicly traded template for data center-as-a-real-asset.

Regional players

• SEGRO: SEGRO is a leading European-listed industrial/ logistics REIT with strengths in UK and Continental Europe and growing data center adjacency. Comparable to GLP in industrial real estate fund/operation structure but with a different geographic focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/glp-china

Compliance15 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Global Logistic Properties