GLP Global Footprint and Financial Highlights slide image

GLP Global Footprint and Financial Highlights

■ " Brazil: Selective Development to Meet Customer Demand GLP Companies continue to shift towards leasing, rather than owning their warehouses. GLP continues to proactively retain strong customers and focus on selective development to meet customer demand Current Supply of Logistics Facilities in the US is ~15 times that of Brazil Warehouse stock: total area sq ft per capita Modern Logistics Facilities Account for 20% of Supply Gross Absorption in São Paulo 'm sq ft 2.7% 10.0 4.0% 3.0% 59.1 Brazil: 830m sq ft 2.0% 8.0 1.0% 1.0% 0.1% 6.0 0.0% -1.0% 15x 4.0 -2.0% 20% -3.1% 4.0 -3.0% 2.0 -4.0% Brazil United States Modern Logistics Facilities: ~190m sq ft -3.8% 0.0 -5.0% 2012 2013 2014 GLA 2015 2016 GDP Source: Instituto Brasileiro de Geografia e Estatística Source: CBRE, 2016 Source: CBRE, 2015 21
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