GLP signs 204,000 sqm of leases globally

SINGAPORE (Nov 16): GLP, the owner-operator of modern logistics facilities, announced that it has signed 204,000 sqm of leases with DHL, Hitachi Transport System, Schenker and AGV Logística.

These leases were signed for facilities across China, Japan, US and Brazil, with the customers using the facilities for domestic distribution of demand from pharmaceutical, auto parts and consume goods industries.

“The third party logistics industry is the largest customer segment for GLP,” says Ming Z. Mei, chief executive officer, Global Logistic Properties.

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