JD Property, the real estate arm of JD.com, is partnering with Partners Group and Hillhouse-backed EZA Hill Property to launch a Singapore REIT valued at over US$1 billion, in what could be one of the city’s largest new listings in more than a year. JD.com’s property arm joins forces with Partners Group and Hillhouse’s EZA Hill Property to establish a Singapore REIT valued at over US$1B, a major step for Chinese capital in Southeast Asia’s logistics and industrial market.