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HomeINSIGHTSNews Releases

News Releases

GLP Responds to Strong Demand in Xi'An, Signing Two New Leases Totaling 55,000 sqm
GLP Responds to Strong Demand in Xi'An, Signing Two New Leases Totaling 55,000 sqm
Date:  2012-10-23

GLP has signed two new leases in Xi’an, Northwest China, totalling approximately 55,000 sqm (592,000 sq ft). GLP acquired the land for GLP Park Xi’an Hi-tech in December 2011 and the park is now operational, two months ahead of schedule.

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GLP Extends Cooperation with COFCO with 18,000 sqm Leased in South China
GLP Extends Cooperation with COFCO with 18,000 sqm Leased in South China
Date:  2012-10-15

GLP has signed a new lease agreement of approximately 18,000 sqm (193,750 sq ft) with a division of COFCO, China’s largest food processing, manufacturing and trading company.

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Global Logistic Properties Expands Borrowing Capacity with US$1 billion 10-Year Credit Facility in China
Global Logistic Properties Expands Borrowing Capacity with US$1 billion 10-Year Credit Facility in China
Date:  2012-10-11

GLP has agreed a new US$1 billion credit facility with China Merchants Bank. The 10-year, secured credit facility provides for borrowings at a preferential interest rate for up to US$1 billion for onshore and offshore funding requirements for the company’s development needs in China.

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Global Logistic Properties Welcomes CBRE Global Multi Manager Clients into Existing Strategic Joint Venture with CIC
Global Logistic Properties Welcomes CBRE Global Multi Manager Clients into Existing Strategic Joint Venture with CIC
Date:  2012-10-05

GLP today announced the sale of 16.7% of the total outstanding equity of GLP Japan Logistics Partners to clients of CBRE Global Multi Manager for JPY7.6 billion (US$98 million). CBRE Global Multi Manager is the private equity indirect investment division of CBRE Global Investors.

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Global Logistic Properties Leases 39,000 sqm in Japan to Major Consumer Goods Distributor
Global Logistic Properties Leases 39,000 sqm in Japan to Major Consumer Goods Distributor
Date:  2012-10-04

GLP has signed a new lease agreement of approximately 39,000 sqm (419,800 sq ft) to Arata Corporation, a major Japanese wholesale company, for a consumer goods distribution centre in GLP Settsu in Greater Osaka, Western Japan.

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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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