In recent years, the European market has seen a growing influx of products from China, favored not only by the expansion of e-commerce, but also by the increase in retail distribution. Chinese operators are showing increasing interest in the Old Continent, also aided by the current international scenario, in which U.S. trade policies make Europe an even more competitive destination.
In line with this trend, GLP Italy continues to strengthen its presence in the logistics segment. The latest transaction is the signing of a new lease agreement with Worldtech Logistics, a leading logistics and transportation company for products in the apparel, household goods and technology sectors.
The agreement calls for Worldtech Logistics to enter G-Park in Arese, just outside Milan, where the company will occupy about 11,500 square meters of the site’s total 46,000. A strategic location, among the most sought-after areas in Italy for logistics activities thanks to its proximity to the country’s main infrastructure and commercial nodes.
With this transaction, GLP further consolidates its role as a major partner for Chinese companies expanding in Europe: over the past five years, it has leased nearly 400,000 square meters to companies active in cross-border e-commerce, supporting them in setting up new logistics platforms in key markets such as the United Kingdom, Germany, Poland and Italy.
„The Arese asset represents a key piece of our development strategy in Italy and, in particular, in the Greater Milan area,” commented Marco Belli, Managing Director of GLP Italia. „This agreement confirms the growing interest of Chinese operators in the European logistics market and reinforces our mission: to offer innovative, sustainable and strategically located logistics solutions to support the expansion of global enterprises.”