JD Logistics appoints BNP Paribas Real Estate for European expansion

JD Logistics, part of China’s ecommerce and technology company JD.com, has mandated BNP Paribas Real Estate for its business expansion in Europe.

The BNP Paribas Real Estate European logistics advisory leasing team will be led by Oliver Wissel, who will be in charge of providing Pan-European acquisition services to support the firm’s future expansion strategy in Europe, including new fulfilment sites and logistics hubs.

“We are delighted that JD Logistics has chosen us for this very important project across Europe. Despite difficult market conditions, this is a major expansion within the European logistics arena,” said Craig Maguire, head of Pan-European logistics at BNP Paribas Real Estate.”