May 12, 2022|
JD Property Adds Intelligent Logistics Park in Vietnam’s Hai Phong
by Xiaoqian Han
A groundbreaking ceremony was held on May 12 to launch JD Intelligent Logistics Park Hai Phong I project at Nam Dinh Vu industrial park in Hai An District, Hai Phong, marking JD Property’s second modern logistics facility in Vietnam.
JD Property is a subsidiary of Chinese e-commerce giant JD.com, which owns a global warehouse network that covers an area of over 13 million square meters, and is also a shareholder of Vietnam’s largest e-commerce platform Tiki.vn.
Located in Nam Dinh Vu Industrial Park, the only industrial park in Vietnam that has an internal seaport, JD’s Hai Phong logistics park has a prime location that enjoys the full benefits of Hai Phong’s seaport system. In addition, it is only 60-minute drive away from Ha Noi Centre and Noi Bai Airport.
The convenient transportation infrastructure connects domestic and international trade in assisting sellers to reduce logistics costs and risks. With the support of preferential tax incentives in Vietnam, the facilities of JD Property Logistics Park Hai Phong I Project are constantly being upgraded, aiming to provide high-quality logistics services for global merchants.
The project is expected to be completed in the fourth quarter of 2022 with a total land area of about 97,000 square meters with a flexible leasing area from 5,000 to 50,000 square meters, easily meeting the diverse needs of tenants across industries and countries. In addition, JD Property is also ready to provide solutions for building and leasing warehouses to cater to clients’ requirements.
With years of experience in industrial real estate development, especially in the field of logistics, JD Property provides integrated solutions for modernized high standard warehousing, intelligent industrial parks, IDCs (intelligent data centers) and more for partners from various industries.
Sep 27, 2024|
JINGDONG Property, Inc Adds New Logistics Infrastructure in Hong Kong
JINGDONG Property, Inc. (“JDP”), a leading and rapidly growing modern infrastructure investment and asset management platform of JD.com, has successfully completed the acquisition of LiFung Centre in Hong Kong, a 487,350 square feet logistics property.
“We are pleased with the addition of this logistics infrastructure in Hong Kong. It reflects our team’s ability to source and complete transactions efficiently, and we are well-positioned to continue expanding our business across the region,” said Cao Dong, CEO of JDP.
“We are excited about this institutional-quality property, strategically located in a convenient, last-mile neighborhood. We believe this project will continue to deliver efficient and reliable logistics services to Hong Kong. This investment allows us to benefit from secular growth trends while interest rates are moderating. We will continue to actively explore other opportunities in key markets across Asia Pacific,” commented Richard Law, Head of Asia Pacific at JDP.
About JINGDONG Property, lnc.
JINGDONG Property, Inc. (www.jdp.com.cn) is a leading and rapidly growing modern infrastructure investment and asset management platform of JD.com. Its business includes investment, development and asset management of logistics parks, business parks, data centers and others. As the cornerstone of JD.com’s supply chain ecosystem, JDP is equipped with deep insights into merchandise and logistics flows and has a unique ability to integrate business resources. We are well-positioned to serve consumption-driven demand and transform local economies. Leveraging our core competencies across infrastructure assets, development expertise, service capabilities and actionable insights, we provide bespoke, holistic and intelligent infrastructure solutions, continuously expanding our customer base in third-party logistics, e-commerce, manufacturing, retail, and other new economy industries.
May 9, 2024|
JINGDONG Property Continues Global Expansion with Key Overseas Projects
JINGDONG Property (also known as JDP, or JD Property), a leading and fastest-growing modern logistics infrastructure development and management platform, has made significant strides in expanding its global footprint, marking its presence in Europe and Asia Pacific with 39 projects. This growth highlights JDP’s ability to rapidly establish modern logistics infrastructure in new markets.
JINGDONG Property’s entry into Europe began in mid-2022 with the acquisition of a 361,000-square-foot warehouse in Milton Keynes, marking its first transaction in the U.K. In late 2023, JDP further solidified its U.K. presence by acquiring a state-of-the-art logistics warehouse in Preston. Positioned near major logistics nodes, this newly built warehouse showcases JDP’s commitment to environmental sustainability with features such as substantial EV parking, a seven-acre ecological area, BREEAM excellence certification, 15m eaves height, and 50 docks, making it a prime hub for industrial activities.
In late 2022, JDP also ventured into The Netherlands with a smart logistics park in Utrecht’s ‘Lage Weide’ business park. Ideal for national, regional, and last-mile distribution, this park is close to essential transport routes and features 64 loading docks, 213 parking spaces, and solar panels, furthering JDP’s commitment to sustainable logistics and efficiency.
Another key milestone was the investment in the first and second phases of Apollo, Ansty Park in mid-2023. This development, located 10 miles northeast of Coventry City Centre in the U.K., is now a prime example of a Grade A property within JDP’s portfolio, specifically designed to support the logistics and manufacturing sectors. Apollo comprises seven units across two phases, with the first three units completed in early 2023 and fully let. These units are recognized for their sustainability, achieving BREEAM Excellent and EPC A ratings. The second phase includes four recently new completed units, designed to meet high sustainability and efficiency standards, featuring renewable energy sources like rooftop solar panels and electric vehicle charging stations.
The completion of the Apollo project has significantly improved logistics and transportation efficiency in the region, providing easy access to the U.K.’s motorway network. This strategic location, combined with a focus on green and sustainable practices, not only lowers operational costs but also boosts efficiency for businesses operating within Apollo.
Additionally, JDP’s growth in Asia Pacific was marked by a recent completion of a modern logistics warehouse in Indonesia, located in the Jababeka Industrial Estate next to the Cikarang Dry Port area. With 23,000 square meters of leasable area, this facility adopts a flow-through design warehouse model equipped with high-standard features for optimal logistics operations.
JDP’s overseas projects have attracted partnerships with notable international and local companies, contributing to the development of a high-quality industrial cluster in the area. Looking ahead, JDP is committed to further expanding its global footprint, with a focus on delivering customized logistics infrastructure that meets the diverse needs of businesses expanding internationally.
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