China Ecommerce Boom Drives $2.5bn Deal For Stake in Logistics Group GLP

By Simon RabinovitchGlobal Logistic Properties, a large Asian warehouse operator, will raise $2.5bn by selling up to a third of its China business to statebacked investors, in a deal that highlights the explosive gro

GLP Signs Landmark Agreement in China

• Chinese SOEs and leading financial institutions investing up to US$2.5 billion

GLP Third Quarter Earnings Up 56%, Investing To Meet Demand

GLP today reported a 56% rise in earnings (PATMI( for the three months ended 31 December 2013 ("3QFY14"). The company has seen significant operational momentum in recent months, with strong leasing in all markets.

GLP Leases 43,000 sqm (463,000 sq ft) in China to Three Global Industry Leaders

GLP has signed three new lease agreements totaling 43,000 sqm (463,000 sq ft) with three global industry leading companies, across China.

GLP Announces New Leases Totaling 180,000 sqm (1.9 Million sq ft) in Japan

GLP has signed nine new lease agremeents totaling approximatley 180,000 sqm (1.9 million sq ft) in multiple locations across Japan. This is the highest level of leasing recorded by GLP Japan in a single month.