GLP has signed 218,000 sq m (2.3m sq ft) of new leases in China, US and Japan.
153,000 sq m (1.6m sq ft) of new leases were signed with four third-party logistics providers serving a major e-commerce platform in China.
In the USA, 55,000 sq m (589,000 sq ft) of new and renewal leases were signed with a global e-commerce company.
In Japan, GLP signed 10,000 sq m (108,000 sq ft) of new leases with a software company for online sales.
Ming Z. Mei, Chief Executive Officer of GLP, said, “Leasing demand from the e-commerce sector continues to drive demand for GLP’s modern logistics facilities. Our comprehensive network and high quality specifications are well suited to accommodate the strong growing demand of e-commerce and we look forward to growing with our customers globally as they continue to expand”.
Source: GLP Group