GLP in deal to build Adidas’s largest distribution centre in Asia

By Samantha Chiew
/ The Edge Singapore |
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SINGAPORE (July 18): GLP has signed a 83,000 sqm build-to-suit agreement with Adidas to develop its largest distribution centre in Asia.
Adidas will double its space at the same industrial park in Suzhou to meet strong demand from in China.
The development will comprise three double-storey buildings.
Shares of GLP closed at $3.31 on Monday.
This story first appeared on The Edge Singapore

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