GLP expands partnership with to lease 190,000 sq m in China

Global Logistic Properties (GLP) has leased 190,000 sq m to, a Chinese e-commerce company. will utilize the facilities to expand its distribution network to meet increasing e-commerce demand across China. is one of GLP’s largest customers by leased area.

Kent Yang, President of GLP China said, “We are excited to further expand our partnership with in China. We have seen strong demand for our logistics facilities, in part driven by the robust growth of e-commerce. The collaboration announced today highlights the value GLP’s network provides in enabling our customers to rapidly expand distribution capacity. We look forward to supporting as they continue to grow in China.”