Asian Equities Analyst, Logistics & Transport, Tracking Traffic

Daniel Hellberg

Focusing on Asian logistics, transportation, and travel companies

Asian Equities Analyst, Logistics & Transport

Global Logistic Properties (GLP:SP) May Provide an Antidote to China's Congestion Woes

Equity Bottom-Up

Global Logistic Properties / Equity Bottom-Up

<p>Leading US-based warehouse developer / operator <a href="https://www.smartkarma.com/entities/3593" target="_blank" data-smartkarma-citation="entities:3593:1">Prologis Inc (PLD US)</a> reported its June quarter results on Tuesday morning in the US. Although they are very different companies today, <a href="https://www.smartkarma.com/entities/2894" target="_blank" data-smartkarma-citation="entities:2894:1">Global Logistic Properties Ltd (GLP SP)</a> and PLD have a shared history, and are now competitors in certain geographies, mainly the US. We see very positive signs for GLP's US portfolio in PLD's June quarter results, including higher occupancy, higher customer retention, higher 'same store' income, and a jump in net…</p>

Leading US-based warehouse developer / operator Prologis Inc (PLD US) reported its June quarter results on Tuesday morning in the US. Although they are very different companies today, Global Logistic Properties Ltd (GLP SP) and PLD have a shared history, and are now competitors in certain geographies, mainly the US. We see very positive signs for GLP's US portfolio in PLD's June quarter results, including higher occupancy, higher customer retention, higher 'same store' income, and a jump in net…

For GLP, Positive US Market Read-Through in Prologis' Q2 Results