JD.com arm buys North Maclean industrial site, est. $71m
Jingdong Property, the infrastructure arm of JD.com, has bought the 17.4 ha NM ONE site at North Maclean for an estimated $71m, Realestatesource reports.
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Realestatesource reported on 10 November 2026 that the Chinese online retailer JD.com’s infrastructure investment arm, Jingdong Property, has purchased NM ONE, an industrial site at 4653-4691 Mount Lindesay Highway, North Maclean, in south-east Queensland. The outlet puts the price at an estimated $71 million. We have not found a second source for that figure, so it is the outlet’s estimate rather than a confirmed settlement price.
Why it matters
According to Realestatesource, the 17.4 hectare site lies inside the Greater Flagstone Priority Development Area, south of Brisbane, and was pitched to buyers as a serviced, level industrial holding. The outlet says the bulk of earthworks and civil works were done before it was listed for sale.
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The seller was Maclean Estates, the outlet reports. It names the agents as CBRE and Michael Callow of CG Property Group.
Realestatesource headlines the deal as another Brisbane site for the group and points to the Wacol Logistics Hub, which the outlet says JD.com bought last year from ESR for $240 million. That is a separate asset from the North Maclean site.
The numbers
Realestatesource states the following about the site and the plans for it:
- North Maclean is about 33 kilometres from the Brisbane CBD.
- The site was marketed as capable of yielding about 105,000 sqm of product.
- JD.com intends about 85,000 sqm, according to the outlet.
- JD.com will fit out tenancies configured to suit occupiers, the outlet says.
The outlet also notes that the site neighbours a block owned by Charter Hall. It says that block is earmarked for a four-level, 150,000 sqm distribution centre with Amazon as the occupier. Amazon is reported to be planning about $750 million of fit-out and robotics spending there.
What’s next
The report does not give a settlement date, a construction start or a completion timeline for the North Maclean site. It also does not say who the occupiers might be, only that tenancies will be configured to suit them.
Related Brisbane industrial deal: Charter Hall and Garda’s seven-asset portfolio.
The 85,000 sqm JD.com intends is below the roughly 105,000 sqm the site was marketed to yield. The report does not explain the difference, and we have not sought to fill that gap.
What can be followed from here is the planning and approvals path inside the Greater Flagstone Priority Development Area, and any confirmation of the price from the parties.
Quick answers
What is the latest on JD.com?
Jingdong Property, the infrastructure arm of JD.com, has bought the 17.4 ha NM ONE site at North Maclean for an estimated $71m, Realestatesource reports.
What are the key numbers in this story?
estimated price: $71m; site area: 17.4 ha; intended product: 85,000 sqm.
Where does this information come from?
This story cites Realestatesource. Every source is linked on the page.
Sources
Also reported by
- RealestatesourceChinese e-commerce giant buys another Brisbane site
Filed by the AusDev Queensland Desk. How we report.