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Keeping up with rising demands driven by domestic consumption and eCommerce
Global Logistic Properties has signed pre-lease agreements totalling 49,000 m2 with two leading express delivery companies in Eastern China. Both customers are existing multi-location customers of GLP.
The two customers are upgrading to GLP’s modern facilities from their existing warehouses to increase efficiency and service quality. They are currently operating out of older, non-modern warehouses which are unable to keep up with the rising demands driven by domestic consumption and eCommerce.
One of the pre-lease agreements was signed with Best Logistics, a strategic partner and one of GLP’s largest customers in China by leased area. GLP’s partnership with Best Logistics now extends to 15 cities across China.