Share Investment Singapore:GLP to invest up to $1.6 bil to develop logistics facilities in Tokyo

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GLP, the worldwide supplier of cutting edge coordinations offices, has obtained a land distribute long haul coordinations offices advancement in Greater Tokyo.

GLP Sagamihara will be created in stages and eventually give more than 7 million sf of aggregate gross floor territory crosswise over six structures. GLP hopes to begin the primary period of development in 2020 after a deal and-leaseback course of action with the merchant.

The aggregate speculation cost of GLP Sagamihara is US$1.1 billion ($1.6 billion).

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