Helios Europe, the European specialist logistics developer led by Mike Hughes, has entered into an exclusive cooperation with Dutch developer/investor HG Property Group, co-owned by former PSV star Jan Heintze, as part of a EUR 1 bn development drive in the logistics sector.

Helios Europe has, via Mansford managed funds, substantial financial backing from two UK large pension funds. HG Property Group was set up in early 2009 by former professional footballer Jan Heintze and ex-Goodman executive Nathan Gouka. The company has wide and stable portfolio with schemes in the Breda, Eindhoven and Roosendaal logistic areas of the Netherlands.

The cooperation will provide HG Property with direct financial backup for the realisation of its future real estate developments. Helios Europe already has a European development pipeline of 1.2 million m2 and will, in this joint venture, work on further expansion, initially focused on the Benelux region.

Helios Europe has offices in London and Vienna and has projects in Austria, Sweden, Germany, Slovakia, the Czech Republic and the Baltic States.

De Morgan and Co advised Helios Europe.