GLP Global Footprint and Financial Highlights
Operations: Portfolio Snapshot
GLP
China
Japan
US
Brazil
Total
Key Markets
Presence in 38 key
markets
90% Tokyo &
Osaka
Presence in 32 key
markets
91% Sao Paulo &
Rio de Janeiro
Presence in 117
markets
Total Assets
US$12.9 billion
US$9.5 billion
US$13.7 billion
US$2.4 billion
US$38.4 billion
Lease Ratio
87%
97%
94%
89%
92%
Cap Rate
6.3%
4.8%
5.9%
10.5%
(Revenue Yield)
Completed Area
16.5 million sqm
4.6 million sqm
16.1 million sqm
2.7 million sqm
39.9 million sqm
WALE
2.4 years
4.9 years
4.0 years
5.4 years
3.5 years
11.2 million sqm
Development
Pipeline¹
(Land Reserve:
11.7 million sqm)
1.6 million sqm
What's Next
•
China and Japan continue to make up
majority of NAV
Selective development in favorable
markets with low supply and high demand
Recycle capital through fund management
platform
China: Rapid urbanization could lead to
rezoning opportunities
Leverage existing
platform to pursue
enhanced network
benefits in the US
0.9 million sqm
Explore initiatives
to optimize capital
structure and fund
growth
13.7 million sqm
(China Land
Reserve: 11.7
million sqm)
• Continued asset
recycling
Selective entry
into new markets
which could
include
Europe/UK
Note:
1. Includes properties under development and land held for future development
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