GLP Named Best Warehouse Developer in China in 2011 Euromoney Awards

Singapore, 21 September 2011 – Global Logistic Properties Limited (“GLP”), the market leader in modern logistics facilities in China and Japan, announced today that it has been named the Best Industrial/Warehouse Developer in China in the 2011 Euromoney Real Estate Awards. This is the fifth consecutive year that the company has won this prestigious title since the award was launched in 2005.

The Euromoney Real Estate Awards are given on an annual basis to developers, lenders, advisory firms, investment banks, investment managers and property management firms across a variety of regional categories by Euromoney, a leading international finance publication. Winners were nominated via a poll of professionals in the real estate and finance industries in more than 160 countries.

Kent Yang, Managing Director of GLP China said: “We are delighted to receive recognition for our unrivalled network and superior business platform from our fellow real estate and finance professionals. This prestigious award is attributed to our valued customers for the mutually-trusted relationships and to our employees for their continued efforts to provide unparalleled services and solutions to our customers. Winning the top award for the fifth year in a row reflects our high calibre in leveraging ‘Network Effect’ to grow customers’ logistics platforms and enhance their supply chain efficiency.”

GLP started operating in China in 2003 and today manages 4.1 million square metres of completed logistics facilities across 20 major cities in China. It has more than 350 customers in China, including DHL, FedEx, L'Oreal, UPS, Yum!, GM, Samsung, Wal-Mart China, Joyo Amazon and VANCL.

 

About Global Logistic Properties (www.glprop.com)

Global Logistic Properties (GLP) is Asia’s largest provider of modern logistics facilities. It owns, manages and leases out 337 completed properties in 127 logistics parks spread across 27 major cities in China and Japan, forming an efficient logistics network with properties strategically located in key logistics hubs, industrial zones and urban distribution centres. By providing flexible solutions of Multi-tenant, Build-to-suit and Sales-and-leaseback, GLP is dedicated to improving the supply chain efficiency for strategic expansion goals of the most dynamic manufacturers, retailers and 3rd party logistics companies in the world. The Group was listed on the Mainboard of Singapore Exchange Securities Trading Limited on 18 October 2010 (Stock code: MC0.SI).

 

Issued by:            Global Logistic Properties Limited

 

Investor relations & Media Team

Email: investor.relations@glprop.com

 

Ambika Goel, CFA

SVP- Capital Markets and Investor Relations   

Tel: +65 6643 6372

Email: agoel@glprop.com