GLP Sign Leases With Three Chinese Industry Leaders

Global Logistic Properties (GLP) has announced the signing of leases totalling 69,000 square metres with three industry leaders in China: JD.com, Best Logistic and STO Express. They will utilize the space to cater to increasing demand driven by growing domestic consumption.

All three companies are existing multi-location GLP customers. JD.com and Best Logistics are also GLP’s 10 largest customers by leased area in China. With growth in domestic consumption driving demand of the group’s modern logistics facilities in the market, its flexible network will be able to support customer’s business expansion.

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