Global Logistic Properties : NEWS RELEASE - GLP PRE-LEASES 97,000 SQM (1 MILLION SQ FT) IN SAO PAULO, BRAZIL

For Immediate Release

 GLP establishes new relationships with Sanofi, global pharmaceutical company, Medley, a leading national pharmaceutical company and member of the Sanofi group, and Sequóia Logística, a leading 3PL provider

 GLP Guarulhos and GLP Embu in São Paulo are 100% leased

 Continued leasing demand as customers look to move to GLP's well-located, modern logistics facilities to better serve their logistics needs

97,000 square meters ("sqm") (1 million square feet ("sq ft")) in São Paulo, Brazil. With these leases, GLP has established new relationships with three industry-leading companies.

The following details the recently signed new lease agreements:

 Sequóia Logística, a leading third-party logistics provider in Brazil for fashion, apparel, e-commerce, and educational companies, has pre-leased 61,000 sqm (657,000 sq ft) at GLP Embu. The park is 100% pre-leased ahead of its completion in September 2015.

 Sanofi, global pharmaceutical company, and Medley, a leading national pharmaceutical company and member of the Sanofi group, has pre-leased 36,000 sqm (388,000 sq ft) at

GLP Guarulhos for its largest distribution center in Latin America.

http://www.glprop.com

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Mauro Dias, President of GLP Brazil, said: "Demand for modern logistics facilities in Brazil continues to be driven by domestic consumption and opportunities to improve operational efficiency. We are excited to establish two new customer relationships with Sanofi, Medley and Sequóia. GLP's high-quality facilities and strategic locations enable customers to deliver the highest levels of service and logistics efficiency. 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 December 2014, GLP's US$19 billion property portfolio encompasses 29 million square meters (312 million square feet) of logistics facilities across China, Japan and Brazil. In February 2015, GLP established immediate scale in the United States with the acquisition of an US$8.1 billion portfolio.

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

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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.

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