GLP’s managing director, fund management, Craig Duffy, left, and Mark Konyn.

AIA Group (1299) announced that it has formed a strategic partnership with investment manager GLP to invest in the global logistics real estate industry and related opportunities.

The insurer said this partnership will enable AIA to leverage GLP’s investment experience and expertise in the area. The strategic partnership aligns with AIA’s environmental, social, and governance strategy by specifically engaging with companies that recognize and incorporate ESG-related considerations into their investment decisions, it added.

Chief investment officer Mark Konyn said: “AIA believes in the strong fundamentals that support the future development of the global logistics real estate market. The alliance is a core part of AIA’s growth strategy to create scalable relationships with world-class investment partners.”