GLP in leasing deals with 6 logistics players

Singapore

GLOBAL Logistics Properties Limited (GLP) has signed new leasing agreements totalling 84,000 square metres with six leading third-party logistics providers in China.

One of the leases is with a new customer that is a "leading China state-owned logistics company", said GLP which provides modern logistics facilities across China, Japan and Brazil, yesterday. The customers are using the facilities to support distribution needs for e-commerce and food-related products, GLP added.