GLP leases 81,000 sq m in China


Global Logistic Properties (GLP) announced that it has signed four new agreements totalling 81,000 sq m in eastern and northern China. Three of the leases were signed with 3PL providers serving demand from the automotive and consumer goods industries. GLP also established a new customer relationship with a healthcare products manufacturer.

Kent Yang, President of GLP China said, “We are excited to expand and deepen our relationships with our automotive and consumer goods customers. Increasing domestic consumption continues to drive demand for modern logistics facilities, and GLP’s network of well-located, high-quality facilities provides flexible solutions for our customers to enhance productivity and maximize supply chain efficiency. We look forward to supporting our customers as they continue to grow in China.”

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