For Immediate Release

LEADING E-COMMERCE COMPANY EXPANDS 25,000 SQM (269,000 SQ FT) WITH GLP IN CHINA

One of the largest e-commerce companies in China expands 25,000 sqm

(269,000 sq ft) with GLP in Chengdu, Midwestern China

High-quality facilities at GLP Park CDHT will enhance the customer's distribution capabilities to meet strong demand driven by growing domestic consumption

GLP Park CDHT is 100% leased

Singapore, 3 April 2014 - Global Logistic Properties Limited ("GLP"), the leading provider of modern logistics facilities in China, Japan and Brazil, has signed a new lease agreement with one of the largest e-commerce companies ("the customer") in China. The customer is expanding 25,000 square meters ("sqm") (269,000 square feet ("sq ft")) at GLP Park CDHT in Chengdu, Midwestern China.

The customer will use the facilities to enhace its distribution capability in Chengdu, one of the largest consumption centers in Midwestern China. The customer is one of GLP's top 10 tenants in China by leased area. With this newly signed agreement, GLP Park CDHT is

100% leased.

Kent Yang, President of GLP China, said: "E-commerce companies continue to benefit from strong domestic consumption in China. They are looking for modern logistics facilities with

http://www.glprop.com 1

increasingly large space to accomodate rapidly growing business. Customers choose GLP as their preferred facility provider because of our flexible national network and best-in-class logistics facilities."

GLP Park CDHT is located in the Chengdu Development High-Tech Zone, just 20 kilometers from downtown Chengdu. With convenient access to several expressways, it offers high-quality facilities in a strategic location for city and regional distribution.

The customer operates one of the country's largest e-commerce platforms, offering an extensive range of products from electronics and home appliances to books and clothing.

About Global Logistic Properties (www.glprop.com)

Global Logistic Properties Limited ("GLP") is the leading provider of modern logistics facilities in China, Japan and Brazil. Our property portfolio of 23.4 million square meters (252 million square feet) is strategically located across 63 cities, forming an efficient logistics network serving 700 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.

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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occur, that projections will be achieved, or that GLP's assumptions are correct.

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