Global Logistic Properties : NEWS RELEASE - GLP RECEIVES URBAN LAND INSTITUTE 2014 GLOBAL AWARD FOR EXCELLENCE

For Immediate Release

 GLP Misato III, a newly completed modern logistics facility in Greater Tokyo, selected as one of 13 projects worldwide to win prestigious ULI award

 Property is 100% leased and the first logistics facility in Japan to attain LEED Platinum certification

 GLP continues to be at the forefront of developing logistics facilities that achieve both environmental excellence and solid financial returns

The Awards recognize real estate projects that achieve a high standard of excellence in design, construction, economics, planning and management and is widely recognized as the most prestigious honor in the global real estate industry.
Jeffrey H. Schwartz, Chairman of GLP's Executive Committee, said: "We are delighted to be recognized by Urban Land Institute. Our team in Japan are true pioneers and this award is a testament to their ingenuity and hard work. Sustainable development remains at the forefront of our goals. We believe this creates a more resilient portfolio overall while
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improving environmental and social development in the communities in which we operate."
M. Leanne Lachman, Jury Chaiman, ULI Global Awards for Excellence, and President, Lachman Associates, said: "GLP Misato III sets the stage for the future of the logistics market in Japan. It is an excellent example that both environmental excellence and solid financial returns can be achieved through the implementation of innovative measures, making it a deserving recipient of the ULI Global Award for Excellence."

About GLP Misato III

GLP Misato III is a 95,000 square meters ("sqm") (1 million square feet ("sq ft")) modern logistics facility in Saitama Prefecture, Greater Tokyo, Japan. Completed in May 2013, the property is 100% leased.
GLP Misato III is the first logistics facility in Japan to attain LEED Platinum certification. The five-story facility is equipped with dual ramps allowing service vehicles to drive up to each floor, demonstrating the effectiveness of land use in a country where land is limited. GLP Misato III is equipped with pioneering advanced features like seismic isolators that absorb
75% of all shock caused by earthquakes and roof top solar panels that promote renewable energy. Other amenities include backup generators, emergency sewage systems, LED lighting, showers and a cafeteria which ensure customer's business continuity while also creating a safe and comfortable working environment for the 500 over employees working at
the facility.
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GLP Misato III

About ULI

ULI is an international non-profit education and research institute whose mission is to provide leadership in the responsible use of land and in creating and sustaining thriving communities. Established in 1936, ULI has more than 32,000 members from around the world representing all aspects of land use and development disciplines. The 2014 Awards attracted 200 entries from around the world. After a round of written submission followed by a site inspection, 13 winners were picked and announced at ULI's Fall Meeting in New York
City on 22 October 2014. For more information about ULI, see http://www.uli.org.

Global Logistic Properties Limited ("GLP") is the leading provider of modern logistics facilities in China, Japan and Brazil. Our property portfolio of 27 million square meters (290 million square feet) is strategically located across 76 cities, forming an efficient logistics network serving almost 800 customers. We are dedicated to improving supply chain infrastructure for the world's most dynamic manufacturers, retailers and third party logistics

companies. Domestic consumption is a key driver of demand for GLP.

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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

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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