GLOBAL LOGISTIC PROPERTIES LIMITED (Registration No. 200715832Z) (Incorporated in Singapore on August 28, 2007) PROPOSED ACQUISITION OF PROPERTIES Global Logistic Properties Limited (“GLP” or the “Company”) refers to the announcement dated 6 March 2014 in relation to the proposed acquisition of a portfolio of assets in Brazil. The Company is pleased to announce that the acquisition of 26 assets has been completed on 11 June 2014 for a consideration of approximately R$2.4 billion (or approximately US$1.1 billion based on the prevailing exchange rate of R$1:US$0.4479 as quoted by Bloomberg L.P. on 11 June 2014). In connection with the foregoing, the Company has acquired assets or the companies (as set out in Appendix A) holding such assets, as additional subsidiary companies. The acquisition of the remaining assets is subject to satisfaction of the conditions for the acquisition, including receipt of required regulatory and third party approvals. By Order of the Board of GLOBAL LOGISTIC PROPERTIES LIMITED JEFFREY H. SCHWARTZ CHAIRMAN OF THE EXECUTIVE COMMITTEE 12 June 2014 1 APPENDIX A Additional Subsidiaries 1. 2. 3. 4. 5. 6. 7. Name of company : BRPR I Empreendimentos e Participações Ltda. Date of incorporation : 7 March 2007 Paid-up capital : R$166,778,278.00 Name of company : BRPR IV Empreendimentos e Participações Ltda. Date of incorporation : 5 July 2007 Paid-up capital : R$24,548,196.00 Name of company : BRPR XV Empreendimentos e Participações Ltda. Date of incorporation : 19 December 2007 Paid-up capital : R$17,961,238.00 Name of company : BRPR XVI Empreendimentos e Participações Ltda. Date of incorporation : 19 December 2007 Paid-up capital : R$121,351,316.00 Name of company : BRPR XXIII Empreendimentos e Participações Ltda. Date of incorporation : 17 June 2007 Paid-up capital : R$35,875,097.00 Name of company : BRPR XXVI Empreendimentos e Participações Ltda. Date of incorporation : 14 May 2007 Paid-up capital : R$82,444,403.00 Name of company : BRPR 41 Empreendimentos Imobiliários e Participações S.A. Date of incorporation : 8 March 2004 Paid-up capital : R$4,139,693.61 2 8. 9. 10. 11. 12. 13. Name of company : BRPR 44 Securitizadora de Créditos Imobiliários S.A. Date of incorporation : 20 January 2004 Paid-up capital : R$11,352,255.11 Name of company : BRPR 48 Empreendimentos Imobiliários e Participações Ltda. Date of incorporation : 21 February 2002 Paid-up capital : R$20,381,480.00 Name of company : BRPR 49 Empreendimentos Imobiliários e Participações Ltda. Date of incorporation : 16 December 2005 Paid-up capital : R$1,618,449.00 Name of company : BRPR 58 Empreendimentos Imobiliários e Participações Ltda. Date of incorporation : 2 August 2004 Paid-up capital : R$2,701,487.00 Name of company : BRPR 59 Empreendimentos Imobiliários e Participações Ltda. Date of incorporation : 1 July 2008 Paid-up capital : R$15,603,666.00 Name of company : BRPR 60 Empreendimentos Imobiliários e Participações Ltda. Date of incorporation : 1 July 2008 Paid-up capital : R$14,298,929.00 GLP holds an effective shareholding interest of 100.0% in the above subsidiaries, each of which is incorporated in Brazil and which principal activity is the acquisition, lease, sublease and sale of commercial real estate. 3