Hansteen Holdings plc is a European industrial REIT that invests in properties with high yields, low financing costs and opportunity for value improvement across the Netherlands, Germany, Belgium, France and the UK. It is listed on the London Stock Exchange.
In August 2009 Hansteen launched Hansteen UK Industrial Property Unit Trust (HPUT), a vehicle with up to £180 million to invest in UK industrial property with a value of £15 million or less, or portfolios under £30 million. In 2010 Hansteen increased its portfolio to 189 assets with a value of around £721.9 million through the acquisition of a German industrial property portfolio from HBI for approx. €330 million and the acquisition of the 1,200,000 sq ft (110,000 m2) multi-sector Kilmartin portfolio of UK properties for £80.37 million. The Company’s investment portfolio was valued at £1.7 billion as at 31 December 2016.
Type: Public
Traded as: LSE: HSTN
Industry: Property
Founded: 2005
Headquarters: London, UK
Website: www.hansteen.co.uk