In 2019, Hines Global Income Trust, Inc. acquired ABC Westland logistics park in the Netherlands. The property encompasses 16 existing buildings totaling approx. 141,000 square meters of warehouse and commercial office space, along with land for potential future development. Situated between the Port of Rotterdam and The Hague, ABC Westland is known for its logistics trade, research and development, and the world’s largest greenhouse area.
The property's roofs are equipped with 20,977 solar panels, which supply approximately 30% of the current energy consumption in the park. Home to more than 60 food companies and suppliers, ABC Westland serves occupiers in the fresh fruit and vegetable industry, providing a wide range of services such as production, logistics, wholesale and trade, packaging and other related activities.
In 2022, an additional plot of land was acquired to construct a c.17,000 sqm agri-food logistics warehouse containing freezing, cooling and ripening spaces for fresh food. The warehouse, targeting a BREEAM Very Good certification, is currently under construction and expected to complete in Q1 2025.