Original Source
GLP projects 50% rent surge in China logistics, citing consumption, new energy
China Logistics Market Growth Outlook
GLP, a global operator and investor in logistics and digital infrastructure, is deepening its commitment to China's growth. The company projects as much as a 50% rise in logistics rental rates, supported by stronger domestic consumption and wider adoption of alternative energies. Angela Zhao, CEO of GLP China, stated that the country's 15th five-year development plan (2026 to 2030) would further cement GLP's role as a global thematic investor in the 'new economy'.
Deepening 'New Economy' Investments
GLP demonstrates a strong commitment to China's economic expansion, intensifying its investments in the 'new economy' sector, primarily focused on logistics. The continuous increase in domestic consumption, alongside the widespread adoption of new energy technologies like clean energy, serves as a key driver for the sustained demand for logistics infrastructure. This context positions GLP to actively pursue growth opportunities within China's logistics market.
*Source: SCMP China (2026-03-19)*
