GLOBAL Logistic Properties (GLP) has signed new agreements totalling 63,000 sqm with four customers in China.
The customers, whom GLP did not name, are in the e-commerce, packaged foods, and pharmaceutical industries. Three are multi-location GLP customers in China.
Said Kent Yang, president of GLP China: "We are delighted to establish and strengthen our relationships with these customers. Growing domestic consumption across a wide variety of industries is driving demand for modern logistics facilities. GLP's unrivalled network of high-quality facilities provides flexible solutions and creates value for our customers as they strengthen their supply chain capabilities. We look forward to supporting our customers as they continue to expand in China."