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HomeINSIGHTSNews Releases

News Releases

Walmart Expands Footprint with GLP; Expansion Demand from Organized Retail Sector
Walmart Expands Footprint with GLP; Expansion Demand from Organized Retail Sector
Date:  2016-10-11

GLP extends its partnership with Walmart with a new 32,000 sqm (344,000 sq ft) build-to-suit agreement in Southern China. Walmart is expanding with GLP at its existing location.

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Growth of Organized Retail Drives Demand for GLP's Warehouses in China
Growth of Organized Retail Drives Demand for GLP's Warehouses in China
Date:  2016-07-25

GLP has signed new leases totaling 61,000 sqm (657,000 sq ft) with three leading companies in China, including LF Logistics, a Li & Fung Company. The new leases will serve growing demand from organized retail, including e-commerce and chain stores.

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GLP Announces New Leases Totaling 98,000 sqm (1.1 million sq ft) in China
GLP Announces New Leases Totaling 98,000 sqm (1.1 million sq ft) in China
Date:  2016-06-20

GLP has signed new leases totaling 98,000 sqm (1.1 million sq ft) with five leading companies in China. The new leased space is mainly related to expansion demand from the organized retail sector, including e-commerce and chain stores.

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GLP China Leadership Transition
GLP China Leadership Transition
Date:  2016-06-06

GLP has appointed Teresa Zhuge and Victor Mok to serve as Co-Presidents of the Company’s China business following a decision by Kent Yang, President of GLP China, to move into a Senior Advisor role.

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GLP Announces New Leases Totaling 153,000 sqm (1.8 Million sq ft) in China
GLP Announces New Leases Totaling 153,000 sqm (1.8 Million sq ft) in China
Date:  2016-04-14

GLP has signed new leases totaling 153,000 sqm (1.6 million sq ft) with four leading 3PL companies in China. 50% of the new leased space is related to expansion demand from the e-commerce industry, 40% caters to auto parts and 10% is being used to serve cold chain food storage needs. One of the customers is a subsidiary of Sinotrans.

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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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