GLP

GLP: recently signed new leasing agreements totaling ~44k sm in Eastern China. Notes the leases, at three separate parks, demonstrate the continuing strong demand for GLP’s modern logistics facilities. The leases are for, - 19.5k sm leased at GLP Park Jiaonan in Qingdao, Shandong Province, to Haier. - A total of 15k sm leased to Dingtong Logistics, a subsidiary of Itochu Corp, and Master Kong Food. One of the leases was a 11k sm lease agreement at GLP Park HEDA in Hangzhou, Zhejiang Province, while the other was for 3.4k sm at GLP Park Qingdao Airport (East) in Qingdao. - 9.5k sm leased at GLP Park Laogang in Shanghai to Senlan Environmetnal Protection (Shanghai), a local waste mgt co. GLP is +2.95% at $2.79, the biggest contributor to the STI today.