Global real estate investment manager Hines has acquired four mid‑box industrial assets in the UK on behalf of its European core-plus fund.
The manager said the 290,000sqft portfolio comprising fully leased assets located in Greater London and the Midlands has been acquired for the Hines European Property Partners (HEPP).
HEPP’s latest acquisition follows the previous purchase of four similar UK assets in Tamworth, Leyton, Banbury and Park Royal, bringing the fund’s total UK mid-box portfolio to eight properties with a gross asset value of approximately £150m (€173m). The deals expand Hines’s wider €1bn UK industrial and logistics footprint, which forms part of a €5bn European platform as of December 2025, the manager said.
Ross Blair, head of Western Europe at Hines, said: “Occupiers continue to prioritise well‑located, dependable space in urban servicing locations, and we have a strong conviction in this theme.
“Continuing to aggregate our mid‑box portfolio lets us focus on a sector with strong fundamentals, where our hands‑on operating model helps drive long‑term value.”
Chiang Ling Ng, global co-head of investment management at Hines, said: “Nearshoring and deglobalisation are reshaping supply chains across Europe, and the importance of logistics assets located close to end markets continues to grow.
“These assets benefit from strong fundamentals, supported by attractive value at entry, proximity to population centres, and functionality that meets occupier needs.”
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