Asia’s largest logistic facilities provider, Global Logistics Properties (GLP), has signed new leasing agreements totalling 44,000 square metres of its space in southern China.
In a filing with the Singapore Exchange, the firm said the leases were for two of its facilities in Guangdong Province.
Located along the Guangzhou-Dongguan-Shenzhen economic corridor, GLP Park Zengcheng leased out 30,000 sqm of space to an unnamed leading domestic e-commerce retailer for five years. GLP Park Zengcheng’s lease ratio is now 93 per cent.
GLP Park Futian in Shenzhen also leased 14,000 sqm of space to Feili Logistics for three years. GLP Park Futian is sited close to the Hong Kong border.
Source : Channel NewsAsia – 25 Jun 2012