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Chinese Firm Swells UK Portfolio With Second Large Warehouse

JD Property is Part of JD.Com, Which Is Creating Shop Window For UK Products in China
It is unclear what JD.com's plans are for the Tesco distribution hub. (Photo by John Phillips/UK Press via Getty Images)
It is unclear what JD.com's plans are for the Tesco distribution hub. (Photo by John Phillips/UK Press via Getty Images)
CoStar News
October 25, 2022 | 1:42 P.M.

Chinese ecommerce industrial giant JD Property has continued its recent drive into the UK industrial market by buying a Tesco distribution hub in Doncaster for £44 million or a 4.7% yield, CoStar News can reveal.

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