On 02 16, 2015, Singapore - GLP, the leading modern logistics facility provider in China, Japan and Brazil, signed leasing agreements on total 61,000 square meters (about 657,000 square feet) with four customers in China, including three leading third party logistics service providers and a large e-commerce company. These four customers have leased logistics facilities from GLP in multiple cities, serving domestic consumption by making use of leased facilities.

Yang Chuande, the president of GLP China, expressed, "We are glad to strengthen cooperation with these customers. We notice that customers in the industries of e-commerce and third-party logistics service have strong demand on expanding GLP's modern logistics facilities in multiple cities. GLP's powerful network effect can create value for customers and enhance customer retention. We look forward to further supporting customers to develop business in China."