Logistics facilities provider GLP leases more space to Vipshop

GLOBAL Logistic Properties (GLP) has leased 36,000 square metres of space to Vipshop, making the Chinese e-commerce company GLP's third largest customer in China.

Including the newly leased space in GLP Park Huangpi in Wuhan, Vipshop has leased a total of 180,000 sq m from GLP across three cities, said the provider of modern logistics facilities in China, Japan and Brazil yesterday.

Kent Yang, president of GLP China, said in a statement: "E-commerce is playing an important role in the increase in domestic consumption in China and is a key driver of demand for modern logistics facilities. We look forward to supporting Vipshop as they continue to grow across China."