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Chinese e-commerce giant JD.com to buy $240m Brisbane logistics hub

Summary by Australian Financial Review
The conglomerate’s proposed acquisition is the latest example of how foreign investors are jostling for position in Australia’s tight industrial market.

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Australian Financial ReviewAustralian Financial Review
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Chinese e-commerce giant JD.com to buy $240m Brisbane logistics hub

The conglomerate’s proposed acquisition is the latest example of how foreign investors are jostling for position in Australia’s tight industrial market.

·Sydney, Australia
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fullyloaded.com.aufullyloaded.com.au

Chinese giant JD purchases $240 million Wacol logistics site - Fully Loaded

The Wacol Logistics Hub. Image: ESR Australia and New ZealandThe property arm of Chinese e-commerce giant JD.com, JD Property is set to purchase the 18.2-hectare Wacol Logistics Hub in Brisbane for a total of $240 million. JD (JINGDONG) is in the process of building its portfolio of global logistics estates, and the completion of the deal will mark its first foray into ownership in Australia’s industrial property market, as it currently leases w…

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MingtiandiMingtiandi

JD to Buy Brisbane Industrial Estate From ESR JV for $153M - Mingtiandi

China’s JD Property has reached an agreement to buy a Brisbane industrial estate from an ESR-led venture, with market sources who spoke to Mingtiandi confirming a deal value of A$240 million ($152.5 million). Known as Wacol Logistics Hub, the complex... Read More>> The post JD Property to Buy Brisbane Industrial Estate From ESR JV for $153M appeared first on Mingtiandi.

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Australian Financial Review broke the news in Sydney, Australia on Wednesday, April 2, 2025.
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Queensland, Australia

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