Stocks Update: Global Logistic Properties (GLP) declared the renting of 114,000 square meters in Greater Tokyo, With these new rents, two improvement properties in Japan – GLP Atsugi II and GLP Sayama-Hidaka I – are 100 percent rented in front of their consummation.
GLP Atsugi II will be rented by a main retailer, denoting the first direct renting assention in the middle of GLP and the client who already used other GLP offices through outsider logistics (3PL) suppliers and additionally another client, UDL, a noteworthy 3PL administration supplier in Japan.
GLP Atsugi II is a 74,000 sqm present day logistics office situated in Kanagawa Prefecture, one more the most vital dispersion areas in Greater Tokyo. The 100 percent GLP claimed improvement is presently under development and anticipated that would be finished in June 2016.
GLP Sayama-Hidaka I will be completely rented by a backup of a main worldwide car enterprise, speaking to another client relationship for the gathering. GLP Sayama-Hidaka I is a 40,000 sqm present day logistics office situated in Saitama Prefecture, Greater Tokyo created under GLP Japan Development Venture, a 50:50 joint endeavor between the gathering and the Canada Pension Plan Investment Board, and anticipated that would be finished in December 2.
GLP Atsugi II will be rented by a main retailer, denoting the first direct renting assention in the middle of GLP and the client who already used other GLP offices through outsider logistics (3PL) suppliers and additionally another client, UDL, a noteworthy 3PL administration supplier in Japan.
GLP Atsugi II is a 74,000 sqm present day logistics office situated in Kanagawa Prefecture, one more the most vital dispersion areas in Greater Tokyo. The 100 percent GLP claimed improvement is presently under development and anticipated that would be finished in June 2016.
GLP Sayama-Hidaka I will be completely rented by a backup of a main worldwide car enterprise, speaking to another client relationship for the gathering. GLP Sayama-Hidaka I is a 40,000 sqm present day logistics office situated in Saitama Prefecture, Greater Tokyo created under GLP Japan Development Venture, a 50:50 joint endeavor between the gathering and the Canada Pension Plan Investment Board, and anticipated that would be finished in December 2.
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