In the News
Little-known Global Logistic Properties, an out-of-the-mainstream young global company based in Singapore, has gained a solid foothold in Asia as the largest provider of modern logistics facilities in two of the world’s huge markets most difficult to crack: China and Japan.
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As consumer spending grows in China and more people turn to online shopping, warehouse operator Global Logistic Properties (GLP) is counting the benefits of the boom, even as exports in the world's second-largest economy slow.
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Asia's largest logistics facilities provider, GLP, is leasing most of its warehouses in China to domestically-driven consumer industries. Jeffrey Schwartz, GLP's Co-Founder and Deputy Chairman, speaks to Channel NewsAsia Business to share more.
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Jeff Schwartz, GLP's Deputy Chairman, speaks to CNBC Asia on its strong performance in the latest quarter.
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China’s largest online retailers expect sales to as much as triple next year, setting off a rush for warehouse space that’s pushing up rents in the world’s fastest-growing major economy.
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