# GLP

Vanke’s $4 Billion Lifeboat: How a 2017 Logistics Gamble is Saving a Developer from the Brink

China Vanke is leveraging a 21.4% stake in logistics giant GLP, worth an estimated $4 billion, to secure its financial future as it moves past a major debt crisis. Supported by Shenzhen Metro Group, the developer is utilizing these hidden assets as collateral while liquidating non-core businesses to maintain liquidity and solvency.