Gazeley rebrands as GLP

Industrial devolpment giant Gazeley is to adopt the GLP brand name three years after Singapore based GLP acquired the company.

Gazeley was set up in 1987 as a merchant developer and started its first scheme Magna Park Lutterworth – now a 16 million sq ft  park – the largest dedicated logistics park in Europe. It is currently developing four speculative units at Lutterworth  totaling 1.6 million sq ft

GLP currently has US$7 billion of assets under management across the UK, Germany, France, Spain, Italy, Poland and the Netherlands.

Nick Cook, president of GLP Europe, said: “Adopting the GLP name is a natural evolution for the business as we look to continue this expansion. GLP’s name is synonymous with forward-thinking, technology-led logistics real estate and this change reflects our commitment to using that expertise combined with our local market knowledge to enhance our offering in Europe.”