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PLP Closes Second Logistics Fund With Backing From Ivanhoe, Peel and GMPF

Venture Will Have £750 Million Investment Capacity
Once capital is deployed, PLP’s assets under management are expected to be over £2.5 billion. (Getty Images)
Once capital is deployed, PLP’s assets under management are expected to be over £2.5 billion. (Getty Images)

PLP has announced the successful close of its second UK develop-to-core logistics venture UKLV2, a new venture with over £750 million of investment capacity which will focus on developing PLP’s pipeline of logistics real estate opportunities.

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