The infrastructure investment and asset management platform of Chinese e-commerce and logistics giant  JD.com has expanded its presence in the Asia Pacific region with a recent acquisition of a 99,000 square meters distribution center in Brisbane, Australia.

Jingdong Property (JDP) said the acquisition marks its first project in the country and adds a modern, well-connected logistics facility to its expanding regional network.

The cornerstone of JD.com's supply chain ecosystem, JDP currently manages more than 40 supply chain logistics infrastructure projects across key global markets, including Singapore, Vietnam, Indonesia, Japan, the UK, the Netherlands, Germany, the UAE and more.

 [Source: JD.com]

The company is building a global network of modern logistics infrastructure to strengthen international trade cooperation and support its global ambitions.

"We are delighted with the addition of this institutional-quality logistics property in Australia," said Cao Dong, CEO of Jingdong Property.

"This investment demonstrates our confidence in the industry across the region and our continued determination to build a global industrial supply chain system."

Richard Law, head of Asia Pacific at Jingdong Property, said this acquisition marks a strategic move that significantly enhances the company's regional platform in key Asia Pacific markets, with Australia being a standout example.

"The country's robust macroeconomic conditions, sustained population growth and a remarkable rise in e-commerce penetration rate have converged to create compelling opportunities in industrial logistics assets," he added.

"Our enhanced portfolio strengthens our service capabilities for a diverse customer base while reinforcing our focus on value creation across the region," Law further said.