Private equity firm Everstone Group-backed industrial real estate company IndoSpace and modern logistics and technology-led solutions provider GLP have entered into a long-term strategic partnership. As part of the joint venture (JV), GLP will co-invest in IndoSpace’s managed investment vehicles. The JV will also enable IndoSpace to leverage GLP’s fund management, development and operational expertise and resources, as well as its extensive global customer network.

(Deal Street Asia)