AS OF 31 MARCH 2015
GLP Park Beilun, China
Global Logistic Properties ("GLP") Global Logistic Properties Limited
("GLP") is a leading global provider of modern logistics facilities. As of 31
March 2015, GLP's US$28 billion property portfolio encompasses 41 million square meters (441 million square feet) of logistics facilities across China, Japan, Brazil and the US.
GLP's growth strategy is centered on being the best operator, creating value through developments and expanding its fund management platform. GLP's customers include some of the world's most dynamic manufacturers, retailers and third party logistics companies. Domestic consumption is a key driver of demand for GLP.
The Company listed on the Singapore Stock Exchange in 2010 in one of the largest real estate IPOs globally.
VALUE CREATION THROUGH DEVELOPMENT
• Revaluation gains earned on development completions (25% value creation margin)
• Development fees and promotes earned off partners' share of development capex
FUND MANAGEMENT
• Leveraging of capital to support long-term growth
• Enhance returns through recurring fees
• AUM: US$20 billion
OPERATIONS
• Leading global developer, owner & manager of modern logistics facilities
• Strong local teams in China, Japan, Brazil and
USA
• Domestic consumption is a key driver of demand
CHINA
• Presence in 36 cities
• 21.8m sqm total area
• 11.8m sqm completed
• 10.0m sqm development pipeline
• 12.1m sqm land reserves
JAPAN
• 84% in Tokyo and Osaka
• 4.9m sqm total area
• 4.0m sqm completed
• 0.9m sqm development pipeline
UNITED STATES OF AMERICA
• Presence in 29 key markets
• 10.7m sqm total area
NAV BREAKDOWN2
China
56%
Others
12%
USA
4%
Brazil
6%
Japan
22%
BRAZIL
• 87% in São Paulo and Rio de Janeiro
• 3.5m sqm total area
• 2.4m sqm completed
• 1.1m sqm development pipeline
Information as of 31 March 2015
1. Pro-forma NAV assuming GLP's ultimate 10% stake in GLP US Income
Partners I
GLOBAL LOGISTIC PROPERTIES FACT SHEET AS AT MAY 2015
UNRIVALLED NETWORKChina
(m sqm)
Japan
(m sqm)
Brazil
(m sqm)
US
(m sq ft)
Based on completed area for modern logistics for lease as of March 31, 2015; office and retail properties are excluded; Prologis US includes pending KTR Capital Partners acquisition announced In April 2015
Source: Company websites, public filings, various news sources and CBRE estimates
PORTFOLIO GROWTHGLP is a world-class developer, operator and investment manager of logistics real estate with a proven track record of delivering growth.
Total Area of Completed Properties (m sqm)
FY04 - Latest CAGR: 57%
OUR VALUED CUSTOMERSGLP serves a diversified customer base, largely catering to domestic consumption.
• adidas | • Schenker | • Procter & Gamble | • FedEx |
• COFCO | • Amazon | • Unilever | • Rakuten |
• H&M | • Deppon | • Coca-Cola | • Walmart |
• Panasonic Logistics | • JD.com (360buy) | • DHL | • Goodaymart (Haier) |
Through the fund management platform, GLP partners with leading global real estate investors to directly invest in high quality logistics real estate. GLP's total assets under fund management is US$20 billion, with US$3.5 billion of uncalled capital. Continued strong support from capital partners is expected to sustain GLP's growing fund management platform.
Assets Under Fund Management
FY12-15 CAGR: 97%
EXECUTIVE COMMITTEE
Ming Z. Mei
Chief Executive Officer
Timothy Beaudin
President of GLP US
Yoshiyuki Chosa
President, GLP Japan
Mauro Dias
President, GLP Brazil
Higashi Michihiro
Chief Investment Officer, GLP China
Masato Miki
President & CEO, GLP Japan Advisors
(Manager of GLP J-REIT)
Stephen Schutte
Chief Operating Officer
Charles Sullivan
Chief Operating Officer, GLP US
Kazuhiro Tsutsumi
Global Treasurer &
Chief Financial Officer, GLP Japan
Ralf Wessel
Head of Fund Management & Business Development
Heather Xie
Chief Financial Officer
Kent Yang
President, GLP China
Teresa Zhuge
Chief Financial Officer, GLP China
INVESTOR & MEDIA RELATIONS CONTACT
Ambika Goel, CFA
SVP-Capital Markets & Investor Relations
T: +65 6643 6372
E: agoel@glprop.com
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