GLP: Leases 14,500 Square Metres To A Leading Global Food Company In China.

Global Logistic Properties Limited announced that it has recently leased 14,500 square metres at GLP Park Suzhou Industrial (Genway) to one of the largest global confectionery, food and beverage conglomerates. The leasing agreement marks the first collaboration of the customer and GLP in China. GLP Park Suzhou Industrial (Genway) is strategically positioned near the customer's production facilities in Suzhou Industrial Park and also acts as its regional distribution centre given the centrally located location in the Yangtze River Delta region. This strategic location enables the customer to fulfill the growing needs generated by the domestic consumer market. This state of the art facility serves as a transfer centre among the customer's factories in SIP and other regional distribution centres in Shanghai and Beijing. In addition, the customer has expressed interest in further expanding in GLP Park Suzhou Industrial (Genway) when construction of additional facilities is completed in mid 2012...

Attachments: