GLP has signed an 83,000 sq m (893,000 sq ft) build-to-suit agreement with Adidas to develop their largest distribution centre in Asia. Adidas is doubling its space at the same park in Suzhou, Eastern China to meet strong demand from growing domestic consumption.
The build-to-suit project with Adidas, comprising three double-story buildings, will be GLP’s first LEED (Leadership in Energy and Environmental Design) Gold standard facilities in China. LEED is a standard for measuring the performance of green buildings.
Victor Mok, Co-President of GLP China, said: “Our expanded co-operation with Adidas is a testament to the value and service quality we offer our customers, enabling us to build superior long-term partnerships. This build-to-suit project with Adidas exemplifies how we are able to leverage our strategic local partnerships to acquire scarce land resources to meet customers’ needs in prime locations. The project also reflects strong growing demand of logistics facilities to serve organized retail and domestic consumption. GLP looks forward to supporting these growth trends in China.”
Tim Mangham, Vice President of Supply Chain Management for Adidas Greater China, added: “We are delighted to partner with GLP to develop our largest distribution centre in Asia. With our dynamic business growth in China, we require modern logistics solutions in the right locations, meeting our demands from operational and sustainability perspectives. We look forward to GLP’s continuous support.”
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