Global Logistics seals 84000 sq m in deals with 6 China providers

They have also established a new customer relationship.

Global Logistic Properties Limited, a provider of modern logistics facilities in China, Japan and Brazil, has signed new agreements totalling 84,000 square meters (904,000 square feet) with six leading third-party logistics providers in China.

According to a media release by GLP, with one of the new leases, GLP established a new customer relationship with a leading China state-owned logistics company.

The customers are using the facilities to support distribution needs for e-commerce and food-related products. GLP continues to see 3PL providers positioning their distribution networks across China to cater for e-commerce fulfilment and cold chain logistics.

Kent Yang, President of GLP China, said: “Domestic consumption and e-commerce continue to drive demand for modern logistics facilities. These new leases highlight the quality of GLP’s logistics facilities and the value creation we provide. We are delighted to be supporting the needs of our third-party logistics customers and look forward to extending these partnerships in the future.”