GLP to establish €2 billion partnership with CPPIB and QuadReal

GLP will partner with QuadReal Property Group and Canada Pension Plan Investment Board (“CPPIB”), through its wholly-owned subsidiary, CPP Investment Board Europe S.a.r.l., to establish GLP Continental Europe Development Partners I (“GLP CDP I”). The partners are contributing €1 billion (US$1.1 billion) in equity to GLP CDP I, which will focus on…