Saturday, October 10, 2015

GLP rises after China leasing deals

Global Logistic Properties is up 3.2% to $2.29 after signing deals to lease out a total of 89,000 sqm of warehousing space in China to retailing companies there.

The customers include French chain Carrefour and two other retail companies that are expanding to meet growth in local demand in China.

In comparison, the Straits Times Index is up 1.5%.

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