JINGDONG Property has increased its UK logistics holdings with the acquisition of a prime site near Leicester. Located in the "Golden Triangle," the deal includes two large warehouses and a development site capable of hosting 678,000 sq ft of new industrial space. This acquisition boosts the firm's total UK footprint to nearly 3.93 million sq ft as it looks to support regional supply chains and economic growth through high-spec, environmentally friendly infrastructure.
The Saudi Authority for Industrial Cities and Technology Zones, MODON, and JINGDONG Property, JD.com’s infrastructure arm, have signed an MoU to develop and operate two million square metres of logistics and industrial assets in Saudi Arabia. The agreement, sealed at the UNIDO GC21 in Riyadh, focuses on projects in Riyadh, Jeddah, and Dammam. The first project will be a 40,000+ sqm Grade-A speculative warehousing facility in Jeddah Industrial City, built to BREEAM Excellence standards.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
