GLP Signs 204,000 sqm (2.2 million sq ft) of Leases with 3PL Service Providers
GLP expands partnerships with DHL, Hitachi Transport System, Schenker and AGV Logística with 204,000 sqm (2.2 million sq ft) of leases signed globally.
GLP 2Q FY17 Earnings Up 53%; Continued Healthy Customer Demand
GLP reported a 52% increase in earnings (PATMI) for the three months ended 30 September 2016 (2Q FY17). Results were driven by the continued expansion of GLP’s fund management platform.
E-Commerce Industry Driving Demand for GLP's Modern Logistics Facilities
GLP has signed 218,000 sqm (2.3 million sq ft) of new leases in China, US and Japan. The following details the recently signed new lease agreements, which are all related to e-commerce demand.
Walmart Expands Footprint with GLP; Expansion Demand from Organized Retail Sector
GLP extends its partnership with Walmart with a new 32,000 sqm (344,000 sq ft) build-to-suit agreement in Southern China. Walmart is expanding with GLP at its existing location.