Global Logistic Properties : NEWS RELEASE - GLP PRE-LEASES 68,000 SQM (732,000 SQ FT) IN SÃO PAULO, BRAZIL

For Immediate Release

 GLP establishes new customer relationships with three industry-leading companies in Brazil: Magazine Luiza, Argos and Certa

 Domestic consumption and strong consolidation trend contribute to continued leasing demand

 GLP's modern, well-located facilities are able to better serve customers'

68,000 square meters ("sqm") (732,000 square feet ("sq ft")) with three industry-leading companies in Brazil. These are new customer relationships for GLP.

The following details the recently signed new lease agreements:

 Magazine Luiza, one of the largest retail chains in Brazil, has pre-leased 41,000 sqm (441,000 sq ft) at GLP Park Guarulhos. The customer has a strong online presence and will be using the facility to support distribution for both its e-commerce and retail store operations.

 Certa, one of the largest food producers in Brazil, has leased 15,000 sqm (161,000 sq

ft) at GLP Park Jundiaí II to enhance its domestic distribution capabilities.

http://www.glprop.com 1

 Argos, a leading global third-party logistics provider, has pre-leased 12,000 sqm

(129,000 sq ft) at GLP Park Guarulhos.

Mauro Dias, President of GLP Brazil, said: "Our business in Brazil remains solid despite slowing GDP growth. We continue to see demand for our modern logistics facilities as companies seek to consolidate their operations to achieve greater efficiency and lower operational costs. We look forward to supporting our customers as they continue to grow in Brazil."

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 Group is listed on the Mainboard of Singapore Exchange Securities Trading Limited

(SGX stock code: MC0.SI; Reuters ticker: GLPL.SI; Bloomberg ticker: GLP SP).

GLP Investor Relations & Media Contact: Ambika Goel, CFA

SVP- Capital Markets and Investor Relations

Tel: +65 6643 6372

Email: agoel@glprop.com

2

This press release is not an offer of securities for sale or a solicitation of an offer to purchase securities. The information in this press release may not contain, and you may not rely on this press release as providing, all material information concerning the condition (financial or other), earnings, business affairs, business prospects, properties or results of operations of GLP or its subsidiaries. Please refer to our unaudited financial statements for a complete report of our financial performance and position. This release may contain forward-looking statements that involve risks and uncertainties. Forward-looking statements include statements regarding the intent, belief and current expectations of GLP or its officers with respect to various matters. When used in this press release, the words "expects," "believes," "anticipates," "plans," "may," "will," "should," "intends," "foresees," "estimates," "projects," and similar expressions, and the negatives thereof, are intended to identify forward-looking statements. Similarly, statements that describe objectives, plans or goals also are forward-looking statements. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, availability of real estate properties, competition from other companies and venues for the sale/distribution of goods and services, shifts in customer demands, customers and partners, changes in operating expenses, including employee wages, benefits and training, governmental and public policy changes, and the continued availability of financing in the amounts and the terms necessary to support future business. You are cautioned not to place undue reliance on these forward-looking statements, which are based on the current view of management on future events and speak only as of the date of this press release. GLP does not undertake to revise forward-looking statements to reflect future events or circumstances. No
assurance can be given that future events will occur, that projections will be achieved, or that GLP's assumptions are correct.

3

distributed by