GLP : NEWS RELEASE - GLOBAL LOGISTIC PROPERTIES LEASES 14,500 SQUARE METRES TO A LEADING GLOBAL FOOD COMPANY IN CHINA

GLOBAL LOGISTIC PROPERTIES LIMITED1

(Registration No. 200715832Z)

For Immediate Release NEWS RELEASE GLOBAL LOGISTIC PROPERTIES LEASES 14,500 SQUARE METRES TO A LEADING GLOBAL FOOD COMPANY IN CHINA

Singapore, 30 January 2012 - Global Logistic Properties Limited ("GLP"), the market leader in modern logistics facilities in China and Japan, announced that it recently has leased 14,500 square metres at GLP Park Suzhou Industrial (Genway) to one of the largest global confectionery, food and beverage conglomerates.

The leasing agreement marks the first collaboration of the customer and GLP in China. GLP Park Suzhou Industrial (Genway) is strategically positioned near the customer's production facilities in Suzhou Industrial Park ("SIP") and also acts as its regional distribution centre given the centrally located location in the Yangtze River Delta region. This strategic location enables the customer to fulfill the growing needs
generated by the domestic consumer market. This state of the art facility serves as a

1 The initial public offering of the Company was sponsored by Citigroup Global Markets Singapore Pte. Ltd. and J.P. Morgan (S.E.A.) Limited (the "Joint Global Coordinators and Joint Issue Managers"). The Joint Global Coordinators and Joint Issue Managers assume no responsibility for the contents of this

announcement.

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transfer centre among the customer's factories in SIP and other regional distribution centres in Shanghai and Beijing. In addition, the customer has expressed interest in further expanding in GLP Park Suzhou Industrial (Genway) when construction of additional facilities is completed in mid 2012.
Kent Yang, Managing Director of GLP China said: "We continue to see increasing demand for modern logistics and industrial facilities from customers across China. GLP is committed to providing customers with integral value-added logistics solutions and helping them improve supply chain efficiency. GLP will continue to work closely with an increasing number of partners to grow together as their businesses grow across China."
Strategically located at the centre of SIP, GLP Park Suzhou Industrial (Genway) provides high-quality standard industrial space and Built-To-Suit factory space. It is jointly developed by GLP and Genway Group. GLP Park Suzhou Industrial (Genway) can be accessed within one hour from Shanghai by expressway linked with Shanghai's transportation hubs and airport. The park provides manufacturing and logistics platform for over 70 MNCs, including Black & Decker, Samsung, Yamaha, Panasonic, Schneider and many others. As of 31 December 2011, the 702,954 square metre park was 92% leased.

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About Global Logistic Properties (www.glprop.com)

Global Logistic Properties (GLP) is Asia's largest provider of modern logistics facilities. It owns, manages and leases out 380 completed properties in 133 logistics parks spread across 28 major cities in China and Japan, forming an efficient logistics network with properties strategically located in key logistics hubs, industrial zones and urban distribution centres. By providing flexible solutions of Multi-tenant, Build-to-Suit and Sale-and-Leaseback, GLP is dedicated to improving the supply chain efficiency for strategic expansion goals of the most dynamic manufacturers, retailers and 3rd party logistics companies in the world. The Group was listed on the Mainboard of Singapore Exchange Securities Trading Limited on 18 October 2010 (Stock code: MC0.SI).

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Issued by: Global Logistic Properties Limited Investor relations & Media Team Email: [e-mail] Ambika Goel, CFA SVP- Capital Markets and Investor Relations Tel: [phone] Email: [e-mail] DISCLAIMER:

This press release is not an offer of securities for sale or a solicitation of an offer to purchase securities. 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" and similar expressions, and the negatives thereof, are intended to identify 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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