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HomeINSIGHTSNews Releases

News Releases

Global Logistic Properties Leases 33,500 sqm to Vipshop in China
Global Logistic Properties Leases 33,500 sqm to Vipshop in China
Date:  2012-12-17

GLP today announced that it has signed two leases totalling 33,500 sqm (361,000 sq ft) to Vipshop, one of China’s leading e-commerce companies.

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GLP Leases 44,000 sqm in Eastern China
GLP Leases 44,000 sqm in Eastern China
Date:  2012-12-13

GLP today announced that it has recently signed new leasing agreements totalling approximately 44,000 sqm (474,000 sq ft) in Eastern China.

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GLP Leases 23,000 sqm to A Major E-Commerce Company
GLP Leases 23,000 sqm to A Major E-Commerce Company
Date:  2012-11-08

GLP has signed approximately 23,000 sqm (248,000 sq ft) of new leases in Shenyang and Qingdao, North China with one of the top three e-commerce companies in China. The customer, one of our top 10 tenants in China by leased area, now leases around 105,000 sqm (1,133,000 sq ft) with GLP.

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GLP Signs 49,100 sqm in Suzhou, China
GLP Signs 49,100 sqm in Suzhou, China
Date:  2012-10-30

GLP has signed two lease agreements totalling 49,100 sqm (528,500 sq ft) at GLP Park Suzhou Industrial (Genway), bringing the park’s occupancy rate to 91% as of the end of September.

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Global Logistic Properties Increases Stake in GLP Park Suzhou to 70%; Strengthens Position in Key Market
Global Logistic Properties Increases Stake in GLP Park Suzhou to 70%; Strengthens Position in Key Market
Date:  2012-10-30

GLP has acquired an additional 20% stake in GLP Park Suzhou from its joint venture partner SEALL, a Government-owned company affiliated to the Suzhou Industrial Park Administrative Committee, for a purchase price of RMB 392.3 million (US$61.9 million). GLP’s stake in the joint venture has increased to 70% from 50%.

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Media Resources

Investor & Media Contact

Investor Contact
Ambika Goel, CFA
SVP, Capital Markets
Tel: +65 6643 6372
E-mail: agoel@glprop.com

Media Contact
Meredith Balenske
SVP, Global Communications
Tel: +852 3959 7055
E-mail: mbalenske@glprop.com

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