Hines acquires Heathrow Logistics Park

Hines has acquired Heathrow Logistics Park, a prime 317,000-square-foot logistics facility in West London.

Heathrow Logistics Park

This acquisition was made on behalf of the Hines European Core Fund (HECF).

The newly acquired asset is strategically located approximately 1.4 miles from Heathrow Airport’s main cargo gate, placing it within one of Europe's most vital and supply-constrained logistics submarkets. This move further enhances Hines' portfolio of infrastructure-critical real assets, particularly within key European air freight hubs.

This transaction contributes to Hines’ European logistics platform, which was valued at over €5 bn as of December 2025. It also aligns with HECF's strategy of investing in core real assets that intersect with infrastructure and global trade. The fund targets locations where limited supply, excellent connectivity, and strong occupier demand support sustained long-term income growth.

As of March 2026, HECF boasts a gross asset value of €3.78 bn and is managed by Fund Manager Simone Pozzato, in collaboration with Hines’ global investment management platform.

Heathrow Logistics Park consists of four modern warehouse units spread across a 15.4-acre site and is currently fully leased to a diverse group of tenants. This property is adjacent to another HECF asset in Heathrow, Cargo Point, a four-building air cargo facility leased to Dnata, the dominant cargo operator at Heathrow.

Ross Blair, head of Western Europe at Hines, said: “This acquisition will more than double our exposure to the Heathrow logistics market, underlining our strong conviction in Heathrow as a critical logistics hub.”

Chiang Ling Ng, global co-head of Investment Management at Hines, stated: Heathrow Logistics Park continues to build our exposure to core real assets with durable income and a clear path to capture reversion, supported by constrained supply and strong occupier demand. Demand has been increasingly focused on well-located logistics hubs, where constrained supply and low vacancy support rental growth and give operators a clear incentive to be close to end markets.”

James Seppala, head of European Real Estate at Blackstone, commented: “We are pleased to once more partner with Hines on this transaction, which underscores the continued depth of buyer demand for high-quality logistics assets in the UK.”

JLL advised Blackstone on the transaction, while Hines was advised by ACRE Capital Real Estate.