GLP announces leases totaling 81,000 sq m in China

GLP announced that it has signed new lease agreements totaling 81,000 sq m with five companies in the retail, e-commerce and third-party logistics industries.

All of the customers are using the facilities for domestic distribution amid growing sales of consumer goods. These leases strengthen GLP’s relationship with existing customers such as Best Logistics and establish relationships with new customers including Jumei.

Kent Yang, President of GLP China said, “We are excited to establish and further extend our relationships with these customers. As sales of consumer goods continues to rise in China, e-commerce and 3PL companies are driving demand for GLP’s modern logistics facilities in premium locations. We look forward to supporting our customers as they continue to expand in China.”