GLP Acquisition of Amsterdam Logistics Park

Deal value: $185,000,000

GLP acquired a newly built Class A logistics facility at Amsterdam Logistics Park, featuring 620,000 SF, 12m clear height, and advanced automation infrastructure. The asset is located near Schiphol Airport, targeting e-commerce and 3PL tenants.

GLP’s acquisition of a Class A logistics facility near Schiphol Airport is driven by the accelerating demand for high-quality, automated warehouse space serving e-commerce and third-party logistics (3PL) tenants in a key European logistics hub. The investment reflects a strategic bet on the structural growth of online retail, the need for last-mile and cross-border distribution efficiency, and the scarcity of modern, scalable logistics assets in prime locations. By securing a newly built, automation-ready asset adjacent to a major international airport, GLP positions itself to capture rental growth from logistics operators prioritizing speed, connectivity, and operational flexibility.