Chinese retail giant JD.com is set to spend $240 million on a logistics hub in Wacol, marking one of Brisbane’s biggest industrial property deals.
JD.com Makes $240 Million Move Into Wacol Logistics Hub
Chinese online retailer JD.com is set to acquire a huge Wacol logistics site for over $240 million, putting the Brisbane suburb at the forefront of a high-value industrial property transaction.
The acquisition marks JD.com’s increasing focus on moving into the Australian market, with Wacol providing a strategic location for distribution and logistics.
Deal to Close by Late April
JD.com is nearing a $240 million purchase of the Wacol Logistics Hub from ESR, with the sale expected by April 2025. While unconfirmed, industry sources say it’s nearly complete, marking one of Queensland’s biggest logistics deals and a sign of growing e-commerce investment in local infrastructure.
Community and Industrial Impact
The Wacol acquisition could boost the local economy through job creation and investment if JD.com uses it as a warehouse or fulfilment centre. Known for managing its own logistics, the company may bring significant operations to the site.
Nearby suburbs like Darra and Richlands could see traffic changes, with community response hinging on site management and infrastructure support.
Why Wacol Matters
Wacol’s location near major highways makes it a prime logistics hub with strong access to Brisbane and southeast Queensland. Its industrial zoning has attracted major players, and JD.com’s deal signals confidence in Australia’s supply chain while spotlighting Brisbane’s west as a rising e-commerce hub.
Published 3-April-2025