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GLP and Suning Commerce Group, one of the biggest retailing and e-commerce companies in China, signed a leasing agreement on 20,000 square meters (about 215, 000 square feet) in South China

Time:January 12 2015

On 01 12, 2015, Singapore - GLP, the leading modern logistics facility provider in China, Japan and Brazil, and Suning Commerce Group (hereinafter referred to as "Suning") signed a new leasing agreement on 20,000 square meters (about 215,000 square feet) in South China. Suning is one of the biggest retailing and e-commerce company in China.

Suning will utilize the leased facilities to meet the demand of customers in South China on e-commerce. After signing the new agreement, the park had already achieved the rental rate of 100% before completion.

Yang Chuande, the president of GLP China, expressed, "We are glad to extend cooperative relationship with Suning. We notice that multipoint customers have strong demands, while GLP's high-quality logistics facility network can allow customers to improve distribution capacity, enhance operation efficiency, and create value. We look forward to further deepening cooperation with Suning as its business grows in China."

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