GLP Pte Limited

Singapore Real Estate Public

GLP is a Singapore-headquartered global investment manager and operator of logistics real estate, digital infrastructure (data centers) and renewable energy assets. Founded in 2009 by Ming Mei and Jeffrey Schwartz (both former Prologis executives) together with Singapore sovereign wealth fund GIC after acquiring Prologis' China and Japan operations for US$1.3 billion, GLP listed on the Singapore Exchange in October 2010 in what was Singapore's largest IPO since 1993. The company was taken private in January 2018 by a Chinese consortium led by CEO Ming Mei (with Hopu, Hillhouse, Vanke and Bank of China Group Investment) in a S$16 billion (~US$11.6 billion) buyout, then Asia's largest private equity transaction. GLP operates through its asset management arm GLP Capital Partners (GCP) and runs platforms across logistics warehouses, data centers, and related new-economy infrastructure. In March 2025 GLP closed the sale of its non-China fund management business (GCP International, ~US$42B AUM across Japan, Europe, US, Brazil and Vietnam) to Ares Management for US$3.7 billion upfront (plus up to US$1.5 billion earn-out). The remaining GLP business — covering Greater China operations and the rest of GCP — manages roughly US$80 billion in AUM and is reportedly preparing a Hong Kong IPO targeting a ~US$20 billion valuation in 2026.

Public Company

GLP Pte Limited is publicly traded

IPO'd on October 18, 2010

MC0 SGX

This company is no longer available on our private secondary market. Shares can be traded publicly under MC0.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2009

Employees

1,001–5,000

Total Funding

$12.6B

2 rounds

Last Private Valuation

$12.6B

2017

Funding

Total raised $12.6B across 2 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Take-private (PE buyout)

Date

2017

Amount

$12.6B

Valuation

$12.6B

Lead Investors

Nesta Investment Holdings
DateRoundAmount RaisedValuationLead Investors
2026 IPO (Hong Kong) Not disclosed $20B Not disclosed - advisers reportedly Citi and Morgan Stanley
2017 Take-private (PE buyout) $12.6B $12.6B Nesta Investment Holdings

Leadership

  • Ming Z. Mei

    Co-Founder and Chief Executive Officer

  • Miao Song

    Global Chief Information Officer

  • Teck Sien Lau

    Senior Executive, GLP

  • Seek Ngee Huat

    Chairman of the Board, GLP Capital Partners

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Prologis

    US-based publicly traded REIT and the world's largest owner and operator of logistics real estate; GLP's founders are former Prologis executives and GLP was seeded with Prologis' Asia assets.

  • ESR Group

    Hong Kong-headquartered APAC-focused logistics real estate developer and fund manager; surpassed GLP as the largest manager of APAC non-listed real estate in 2022.

  • Goodman Group

    Australian integrated industrial property group developing and managing logistics estates and data centers globally.

  • Segro

    UK-listed REIT owning, developing and managing modern warehousing and light industrial property across the UK and continental Europe.

  • LOGOS

    Asia-Pacific logistics property specialist (owned by ESR Group) developing and managing warehouses across China, Australia, Southeast Asia, India and beyond.

  • Ares Management (Marq platform)

    US-based alternative asset manager that acquired GLP's non-China logistics fund business (GCP International) in March 2025 for US$3.7B and folded it into its new Marq logistics real estate brand.

GLP Pte Limited Investment FAQ

GLP Pte Limited FAQ

Yes, GLP Pte Limited is publicly traded under the ticker symbol MC0 on the SGX. The company went public in October 18, 2010.

GLP Pte Limited trades under the ticker symbol MC0 on the SGX. It began trading in October 18, 2010.

GLP Pte Limited (MC0 on the SGX) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker MC0 to place an order.

GLP Pte Limited went public in October 18, 2010 via ipo, with an offering valuation of approximately $12.6B. GLP was previously public on the Singapore Exchange (listed October 2010 in Singapore's largest IPO since 1993) before being taken private by a CEO-led Chinese consortium in a ~US$11.6 billion buyout that completed with delisting on 22 January 2018. The company has since remained private. As of early 2026, multiple reports indicate GLP has selected banks (including Citi and Morgan Stanley) for a planned Hong Kong IPO targeting a valuation of approximately US$20 billion, with a potential listing in the first half of 2026. The IPO contemplates raising approximately US$3–5 billion in primary/secondary shares. The re-listing follows GLP's March 2025 monetization of its non-China fund management business (GCP International) via a US$3.7 billion sale to Ares Management.

GLP Pte Limited raised $12.6B across 2 disclosed funding rounds prior to its public listing.

GLP Pte Limited was founded by Ming Z. Mei in 2009.

GLP Pte Limited is headquartered in Singapore.

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