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[EXCLUSIVE] Hines takes Shine portfolio off the market

The Belgian investor WDP had entered into an exclusive agreement in September with a proposal of around €220 million.
 © maxoido - Fotolia.com
© maxoido - Fotolia.com

Translated from French.

Numerous logistics portfolios have changed hands over the course of 2024, but the Shine portfolio will not be among them. According to our information, the Belgian investor WDP, which entered into an exclusive agreement at the beginning of autumn, and the seller Hines were unable to reach agreement on the terms of the transaction, which is no longer topical. As a result, Hines has decided to withdraw its portfolio from the market for the time being.

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