GLP begins construction of ALFALINK Ibaraki I in Osaka
GLP ALFALINK Ibaraki 1 is the first building of GLP ALFALINK Ibaraki, which will comprise three facilities with a total floor area of ~320,000 sqm when complete, making it the largest logistics development in the Kansai region.
China’s CATL Extends Lead as World’s Top EV Battery Maker
Contemporary Amperex Technology Co. Ltd.’s share of the electric-vehicle battery market continues to grow, according to the latest data from Seoul-based SNE Research, which show the Chinese company accounted for 37.1% of global sales in the first 11 months of 2022. GLP partners with CATL through joint venture GCTL to expand the use of clean energy in logistics and transportation.
Three Industry Leaders Expand 69,000 sqm (743,000 sq ft) with GLP In China
GLP has signed leases totaling 69,000 square meters (“sqm”) (743,000 square feet (“sq ft”)) with three industry leaders in China: JD.com, Best Logistics and STO Express.
GLP Completes Acquisition of US$4.55 Billion US Logistics Portfolio With Partners
GLP has completed its acquisition of a US$4.55 billion portfolio and established GLP US Income Partners II with China Life and two additional leading global institutional investors.