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Singapore, 6 March 2014 – Global Logistic Properties Limited (“GLP”), the leading provider of modern logistics facilities in China, Japan and Brazil, has entered into a conditional agreement to acquire a portfolio of 34 assets in Brazil from BR Properties S. (“BR Properties”) for BRL 3.18 billion (US.36 billion ), or a 9.4% yield. Schwartz, Co-Founder and Chairman of the Executive Committee of GLP, said: “Our strong balance sheet and prudent financial discipline have allowed us to react quickly on this strategic opportunity, which will be immediately accretive to GLP.