LogiReal News Portal

Global Logistic Properties Limited (“GLP”), one of the world’s leading providers of modern logistics facilities, with a market-leading position in China, Japan and Brazil, has signed a 12,000 square metres (“sqm”) (129,000 square feet (“sq ft”)) expansion agreement in Northern Japan with Panasonic Logistics, a leading third-party logistics provider and one of GLP’s largest customers in Japan by leased area.

Gazeley, a leading global developer of high quality, cost effective warehouses, today held a groundbreaking ceremony to mark the start of Phase 1 of Magna Park Baodi in Tianjin.  When completed in Q4 2013, Phase 1 will be a 64,000 m2 build-to-suit warehouse and will serve as the north China distribution centre for a leading international retailer. 

Prologis, Inc. (NYSE: PLD), the leading global provider and operator of logistics infrastructure, today announced that it has signed a build-to-suit agreement for two facilities in China with Deppon, a leading Chinese logistics provider, totaling 452,000 square feet (41,957 square meters).

Global Logistic Properties Limited (“GLP”), one of the world¹s leading providers of modern logistics facilities, with a market-leading position in China, Japan and Brazil, today announced that it has pre-leased approximately 91,000 square metres (“sqm”) (977,000 square feet (“sq ft”)) to Deppon Logistics, one of China’s largest third-party logistics (“3PL”) providers. Deppon Logistics is GLP’s second-largest customer in China by leased area. Including the two pre-leases announced today, Deppon Logistics leases a total of 267,000 sqm (2.9 million sq ft), or 4.1% of total leased area, with GLP across 13 cities in China.