Global Logistic Properties : NEWS RELEASE - SINOPHARM EXPANDS 13,000 SQM (140,000 SQ FT) WITH GLOBAL LOGISTIC PROPERTIES

For Immediate Release

 GLP leases 13,000 sqm (140,000 sq ft) in Eastern China to Sinopharm, China's largest state-owned pharmaceutical group

 China's growing healthcare market driving demand for modern logistics facilities

 GLP's partnership with Sinopharm now extends to four cities

13,000 square meters ("sqm") (140,000 square feet ("sq ft")) with China National Pharmaceutical Group Corporation ("Sinopharm"), China's largest state-owned pharmaceutical group. Sinopharm is leasing space in Shanghai and Suzhou to enhance their distribution capability in Eastern China.

Kent Yang, President of GLP China, said: "GLP's unrivaled network and best-in-class solutions can help healthcare and pharmaceutical companies turn their supply chains into a competitive advantage. We are delighted to extend our partnership with Sinopharm and look forward to supporting their needs as they continue to grow in China."

Sinopharm said: "The pharmaceutical industry requires the highest standards in infrastructure and services, which are perfectly met by GLP's high-standard facilities and

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experienced team. As China's healthcare market continues to grow, we look forward to cooperating with GLP in more locations across China."

The following details the two news lease agreements:

 7,000 sqm (75,000 sq ft) at GLP Park Dongjing in Western Shanghai. Conveniently located 20 km from downtown Shanghai with good access to major expresseways, GLP Park Dongjing is an ideal location for both city and regional distribution.

 6,000 sqm (65,000 sq ft) at GLP Park Suzhou, Eastern China. GLP Park Suzhou is the first and largest park that GLP has developed in China. Located in Suzhou Industrial Park, GLP Park Suzhou enjoys access to several expressways connecting major cities in the Yangtze River Delta, including Shanghai, Nanjing and Hangzhou.

Sinopharm, China's largest state-owned pharmaceutical group, is a long-standing GLP customer. They are primarily engaged in the developing, manufacturing, distributing and retailing of pharmaceuticals and healthcare products in the country.

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.

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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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