GLP has signed new agreements totaling 65,000 sqm (700,000 sq ft) with four industry leaders in six locations across China. All the new agreements are signed with existing customers.
The Singapore-listed logistics real estate investment and development firm has expanded to the US by buying the majority share of the IndCor business from Blackstone.
GLP Announces New Leases Totaling 78,000 sqm (840,000 sq ft) in China
GLP has signed two new agreements totaling 78,000 sqm (840,000 sq ft) in Eastern and Northern China. The customers are using the facilities to support distribution needs for e-commerce and retail stores.
GLP Announces New Leases Totaling 68,000 sqm (732,000 sq ft) in China
GLP has signed four new agreements totaling 68,000 sqm (732,000 sq ft) with industry-leading retailers and third-party logistics (“3PL”) service providers in Eastern and Midwestern China.