Oxenwood Real Estate, the UK and European real estate investment management firm has secured a letting to Jingdong Retail (UK) at their building OXW277, Dunstable.

The unit, which was formerly occupied by UPS, has been fully refurbished with the lease to Jingdong Retail (UK), a subsidiary of JD.com, being signed prior to completion of the works. The speed of leasing demonstrates the continued demand by global occupiers for well-located buildings which can provide high quality modern and sustainable buildings. The facility is strategically located next to Junction 11A of the M1 and 15 miles from the M25. OXW277 is rated as BREEAM “Excellent” and has an EPC rating of ‘A’ with many sustainability features.

Stewart Little, CEO of Oxenwood Real Estate said: “Having taken back possession of the building in early October, the speed at which we were able to re-offer the building to potential occupiers has been an important factor in the speed of letting and enabled us to achieve a higher rent for our investors”.