SENKO Expands Relationship with GLP in Greater Tokyo, GLP Atsugi 100% Leased
GLP has signed a new lease agreement for 6,500 sqm (70,000 sq ft) in Greater Tokyo with SENKO Co., Ltd., a major 3PL provider and one of GLP Japan’s largest customers by leased area.
Global Logistic Properties Leases 90,000 sqm (969,000 sq ft) in China
GLP has signed five new lease agreements totaling 90,000 sqm (969,000 sq ft) in multiple locations across China. Four of the new leases were signed with leading express delivery providers in China.
GLP To Sell Nine Additional Assets to GLP J-REIT; Fund Management Platform Grows to US$11.9bn
GLP will sell nine wholly-owned properties in Japan to GLP J-REIT. The sale price of JPY53.8 billion (US$529 million) is in line with the properties’ fair market value as of 30 June 2014.
GLP Reports Continued Growth; Strong Development and Leasing Momentum
GLP reported continued growth for the three months ended 30 June 2014 (“1Q FY15”) as it accelerated development activity to capture customer demand across all markets.
