China Online Sales Seen Tripling Driving Wareouse Surge:Retail
China’s largest online retailers expect sales to as much as triple next year, setting off a rush for warehouse space that’s pushing up rents in the world’s fastest-growing major economy.
·GLP Misato III, a 93,831 sqm multi-tenant development located in Greater Tokyo will begin construction in April 2012
·Strong indicative demand from prospective tenants for GLP Misato III
GLP Commences Construction of BuiltToSuit Healthcare Logistics Facility
GLP today announced that it has begun construction of a dedicated healthcare distribution centre in Hangzhou, China, for one of the largest global logistics companies.