GLOBAL LOGISTIC PROPERTIES LIMITED1

(Registration No. 200715832Z) (Incorporated in Singapore on August 28, 2007)

ESTABLISHMENT OF J-REIT - COMPLETION OF INITIAL SALE

Unless otherwise defined, all terms used herein shall bear the same meaning as in the

Announcements (as defined below).

Global Logistic Properties Limited ("GLP" or the "Company") refers to the announcements dated 1, 5,

13 and 14 November 2012 in relation to the J-REIT (together, the "Announcements") and wishes to announce that the Initial Sale to the J-REIT with respect to the J-REIT Initial Properties has completed on 4 January 2013.

By Order of the Board of

GLOBAL LOGISTIC PROPERTIES LIMITED

Fang Xie, Heather

Chief Financial Officer

4 January 2013


1 This announcement is not an offer to sell or a solicitation of any offer to buy the securities of the J-REIT in the United States or elsewhere. Investment units may not be offered or sold in the United States without registration or an exemption from registration under the United States Securities Act of 1933 (the "Securities Act"). Any public offering of investment units to be made in the United States will be made by means of an English language prospectus prepared in accordance with the Securities Act that may be obtained from the J-REIT and that will contain detailed information about the J-REIT and its management, as well as the J-REIT's financial statements. However, the J-REIT will not undertake a public offering and sale of investment units in the United States, and the investment units have not been and will not be registered under the Securities Act.

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