SINGAPORE (July 18): GLP has signed a 83,000 sq m 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 S$3.31 on Monday. — theedgemarkets.com.sg

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