JD Logistics mandates BNP Paribas Real Estate for European expansion

JD Logistics, a subsidiary of leading e-commerce and technology company JD.com, has mandated BNP Paribas Real Estate for the expansion of its European business. BNP Paribas Real Estate's European Logistics & Industrial Advisory team, led by Oliver Wissel, will implement JD Logistics' future expansion strategy in Europe and acquire new fulfilment locations and logistics hubs. This will further strengthen the long-term strategic relationship between the two companies worldwide. "We are delighted to have been selected by JD Logistics for this very important project. Despite the difficult market situation, this is a significant expansion in the logistics industry. With our pan-European footprint and expertise, we can support the company with the rollout in all key markets," emphasises Craig Maguire, Head of Pan-European Logistics at BNP Paribas Real Estate.

JD Logistics is the leading provider of integrated supply chain logistics services. In 2022, the company provided services to more than 79,000 corporate customers in various industries, including fast-moving consumer goods (FMCG), apparel, household appliances, home furnishings, 3C products (computers, communications and consumer electronics), automotive and fresh produce. As at 30 June 2023, JD Logistics operated more than 1,600 logistics warehouses.

Press contact:
Chantal Schaum - Tel: +49 (0)69-298 99-948, Mobile: +49 (0)174-903 85 77, chantal.schaum@bnpparibas.com
Viktoria Gomolka - Tel: +49 (0)69-298 99-946, Mobile: +49 (0)173-968 60 86, viktoria.gomolka@bnpparibas.com

About BNP Paribas Real Estate
BNP Paribas Real Estate is a leading international property services provider that offers its clients comprehensive services in all phases of the property cycle: Transaction, Consulting, Valuation, Property Management, Investment Management and Property Development. With 5,300 employees, the company supports owners, tenants, investors and the public sector in their projects thanks to local expertise in 23 countries (own locations and alliance partners) in Europe, the Middle East and Asia. BNP Paribas Real Estate is part of the BNP Paribas Group, a leading global financial services provider.

As part of its commitment to sustainable cities, BNP Paribas Real Estate aims to play a leading role in the transition to creating more sustainable real estate that is low-carbon, resilient, inclusive and conducive to well-being. To this end, the company has developed a CSR policy with the following four objectives: to improve the economic performance and use of buildings in an ethical and responsible manner, to enable a low-carbon transition and reduce the environmental footprint, to ensure the development, engagement and well-being of employees and to be an active player in the property sector, building and promoting local initiatives and partnerships.

Further information: www.realestate.bnpparibas.com/

About BNP Paribas in Germany
BNP Paribas is a leading European bank with an international reach. The BNP Paribas Group has been active in Germany since 1947 and has successfully positioned itself in the market with 12 business units. Private clients, companies and institutional clients are served by around 6,000 employees nationwide in all relevant economic regions. www.bnpparibas.de