GLP

GLP: JP Morgan maintains O/w with $3.15 TP. House note that GLP has announced several leasing agreements over the last two weeks including leases with various logistics companies and e-commerce platforms, continuing its strong leasing momentum since July this year. With the group delivering on its capital recycling plan in Japan, the growth progress in China would become the focus of the market, in our view. House re-iterate its Overweight rating for the group and see the good leasing momentum a near-term catalyst for the stock