GLP Pte. Ltd., the Singapore-based global real estate logistics developer and investment manager, on Wednesday announced a final close for its GLP Japan Development Partners IV fund at ¥412 billion ($3.57 billion). The fund, launched only three months before in October 2021, was two times oversubscribed at more than ¥600 billion, a GLP news release said. When fully deployed, with leverage, the fund is expected to have assets under management of more than ¥1 trillion.