GLP Signs 860,000 sqm (9.3 Million sq ft) of New Leases Globally
GLP signed 860,000 sqm (9.3 million sq ft) of new leases globally in the fourth quarter of 2017. The customers are using the facilities to service growing demand from online and offline retail distribution channels.
As e-commerce enhances demand for logistics real estate, GLP is changing its approach to technology, leasing and more to keep growth firmly on the agenda, says chief investment officer Alan Yang
GLP today delisted from the Singapore Exchange, marking the completion of its privatization process. In connection with the delisting, the company's name will change to GLP Pte Ltd.
