GLP signs four leases totalling 58,000 sq m in China


Global Logistic Properties Limited announced that it has signed new lease agreements totalling 58,000 sq m with four companies operating in the e-commerce, retail and automotive industries.

All of the customers cater to domestic consumption and three are multi-location GLP customers including JD.com, RT-Mart and a leading global automotive manufacturer.

Kent Yang, President of GLP China said, “We continue to see increasing demand for GLP’s modern logistics facilities driven by growing domestic consumption. These leases highlight the value of GLP’s unrivaled network of high-quality facilities, which enables our customers to ramp up their distribution capabilities across China.We look forward to supporting our customers as their businesses continue to grow.”

GSCi

The world's largest collection of global supply chain intelligence

  • quickly and easily search and gain invaluable insight into the logistics industry
  • Empower everyone from business development executives to CEO level
  • Enhance the role of the market research department