DHG
DHG is a Netherlands-based, privately held logistics real estate developer and investor operating the proprietary SMARTLOG warehouse concept at top-tier Dutch harbor locations, developing speculatively, leasing to logistics and industrial tenants, and selling completed assets to institutional investors.
- Company typePrivate
- Founded2015
- HeadquartersSchiedam, Netherlands
- Headcount11–50
- GTM typeB2B
- OfferingServices
What DHG does
DHG is a Schiedam-based logistics real estate developer and investor operating exclusively in the Netherlands. The company was founded in 1997 (with its earliest identified project in 2006) and operates as a private limited company (KVK 24261738). It owns a ~550,000 m² beleggingsportefeuille (investment portfolio) of commercial buildings and over 1,000,000 m² of terminal/terrain holdings, focused on strategic logistics locations around the ports of Rotterdam, Vlissingen, Moerdijk, and major Dutch highway corridors.
The company's core product is the proprietary SMARTLOG concept — a standardized logistics warehouse format with minimum 30,000 m² floor area, 4,000 kg/m² floor load, 10.5m free height, and one loading dock per 750 m², with LED lighting, motion sensors, and rooftop solar panels included as standard. DHG develops speculatively ("op risico"), pre-funding construction before tenant agreements, and has realized over 1.6 million m² of Smartlog space since 2015, with a further 700,000 m² in the development pipeline and ~300,000 m² currently under construction. Operating subsidiaries include DHG TwoZero (sustainable energy — solar PV installations on buildings and for tenants, launched May 2023) and DHG Participations (minority growth capital into operating companies).
DHG generates revenue through three primary streams: (i) sales of completed logistics properties to international institutional investors such as PATRIZIA, Union Investment, Real I.S. AG, and Dream Advisors (named single-asset transactions include Smartlog Maasvlakte at €230M, Smartlog Venray at €85M, and Smartlog Rotterdam 2 at €142M); (ii) recurring rental income from the properties DHG retains in its investment portfolio, leased to logistics providers, maritime operators, and industrial firms (CSR, IKM Hendrik Veder, Leschaco, VETUS, Verbrugge Zeeland Terminals, Logwise, Jumbo, among others) typically on 10–15 year leases; and (iii) build-to-suit development services for specific clients, plus ancillary land/property transactions. The company also retains property management mandates on many assets it has sold. In February 2026, DHG was acquired by private equity firm Rhône Group; prior to that it was independently held under founder/Director-Eigenaar David Hart alongside Commercial Director Jelle van den Akker and Financial Director Marc Strack. Financing to date has been primarily debt-led, anchored by a €625M green loan secured in September 2023 for the Smartlog portfolio.
DHG firmographics
Firmographics- Name
- DHG
- Legal name
- DHG
- Website
- https://dhg.nl
- Company type
- Private
- Founded year
- 2015
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- DHG is a Netherlands-based, privately held logistics real estate developer and investor operating the proprietary SMARTLOG warehouse concept at top-tier Dutch harbor locations, developing speculatively, leasing to logistics and industrial tenants, and selling completed assets to institutional investors.
- Ownership category
- akta.pro rank
DHG industry classification
Industry- Product category
- Logistics Real Estate Development
- NAICS
- General Warehousing and Storage (493110), Other Warehousing and Storage (493190), Warehousing and Storage (4931)
- SIC
- Public Warehousing & Storage (4220)
- akta.pro primary industry
- Industrial & Logistics Real Estate Asset Management (BPAJAMAC)
- akta.pro secondary industries
- Industrial & Logistics Property Management (BPAJAGAC), Warehousing & Logistics Facilities Brokerage (BPAJACAA), Truck Terminals & Transportation Facilities Brokerage (BPAJACAG), Trade-Related Infrastructure & Logistics Development (BPADAMAN)
Keywords
Where DHG is headquartered
LocationHeadquarters
- HQ city
- Schiedam
- HQ country
- Netherlands
- HQ region
- Europe
Offices1 record
Markets served
DHG business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Property Development Sales: DHG develops logistics properties and sells completed assets to investors such as PATRIZIA, Union Investment, Real I.S. AG, and Dream Advisors. Major sales include Smartlog Maasvlakte (€230M to PATRIZIA), Smartlog Venray (€85M to Union Investment), and Smartlog Rotterdam 2 (€142M to Real I.S. AG).
- Property Rental Income: DHG retains logistics properties in its investment portfolio and generates rental income from tenants including CSR, IKM Hendrik Veder, Leschaco, Feniks Warehousing, HIH Logistics, and others. The beleggingsportefeuille (investment portfolio) comprises approximately 550,000 m² of commercial buildings.
- Build-to-Suit Development: Custom development services for specific clients requiring tailored logistics facilities, such as the VETUS headquarters development in Schiedam and Nijhuis Saur Industries project.
- Land and Property Transactions: DHG acquires and sells land parcels and existing properties as part of its development strategy, including brownfield acquisitions and sale-and-leaseback transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom logistics development - pricing based on specifications and location |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
DHG product offering
Product offeringCore offering
DHG develops and invests in logistics real estate in the Netherlands, primarily under the proprietary SMARTLOG concept featuring standardized distribution centers with minimum 4,000 kg/m² floor load, 10.5m free height, and one loading dock per 750 m². The company develops speculative logistics properties on its own risk, sells completed assets to institutional investors, retains select properties in its investment portfolio for rental income, and offers build-to-suit development and property management services. Operations focus on strategic Dutch harbor locations including Rotterdam, Vlissingen, and Moerdijk.
Product overview
DHG is a Dutch logistics real estate developer offering a unified product portfolio centered on the SMARTLOG warehouse concept, with supplementary offerings through its DHG TwoZero sustainable energy brand and DHG Participations investment arm. The SMARTLOG platform encompasses the company's core development of modern, sustainable logistics distribution centers across strategic Dutch port locations, while DHG TwoZero provides renewable energy solutions for these properties, and DHG Participations extends strategic investments in complementary businesses.
Differentiator
Problem solved
Functional benefit
Brands
- Smartlog: DHG's flagship logistics real estate concept featuring sustainable distribution centers in prime logistics locations with minimum 4,000 kg/m² floor load capacity, 10.5m free height, and one loading dock per 750 m². Includes solar panels and LED lighting as standard features.
- TwoZero
Products and services
- SMARTLOG SMARTLOG is DHG's flagship logistics warehouse concept featuring modern distribution centers with minimum 30,000 m² floor area, 4,000 kg/m² floor load capacity, 10.5m free height, and one loading dock per 750 m². Smartlogs are built to be adaptable for future tenants and include sustainable features such as LED lighting, motion sensors, and solar panels on all rooftops. Designed for enterprise logistics tenants requiring high-quality, flexible distribution facilities in strategic Dutch harbor locations.
- DHG TwoZero DHG TwoZero is the company's sustainable energy subsidiary that develops renewable energy solutions for DHG's buildings and tenants, including solar panel installations and other green energy technologies. It addresses grid congestion with on-site green electricity generation for logistics property tenants.
- DHG Participations DHG Participations invests in companies by providing funding and knowledge, allowing businesses to grow autonomously while DHG maintains a strategic involvement without taking over entrepreneurial control. It enables DHG to participate in the growth of complementary businesses aligned with its logistics real estate operations.
Quantifiable outcome
- 1,600,000 m² of Smartlog logistics space realized since 2015
- +4 more outcomes
Companies that use DHG
Customer profileNamed customers13 records
Segments5 records
Ideal customer profiles3 records
DHG technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
DHG partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- DevCo Real EstatecoreDHG and DevCo Real Estate jointly acquired approximately 29 hectares of land in 's-Heerenberg, in the municipality of Montferland. The land is located directly adjacent to the existing DocksNLD business park on the Netherlands-Germany border. This partnership enables large-scale logistics development at a strategic cross-border location.
- Bouwbedrijf VrolijkcoreDHG and Bouwbedrijf Vrolijk signed an agreement for the construction of five logistics projects totaling 300,000 m². This represents a significant commitment from one of DHG's main construction partners, enabling rapid execution of the development pipeline.
- Verbrugge Zeeland TerminalscoreVerbrugge is DHG's key terminal partner in Vlissingen. DHG sold 12.7 hectares of harbor terrain to Verbrugge and leases significant warehouse space (64,400 m² warehouse, 100,000 m² terminal) back from Verbrugge. Verbrugge provides trimodale (road-water-rail) terminal facilities that complement DHG's logistics developments. The partnership enables large-scale project logistics including energy projects for the UK market.
- MainfreightminorDHG and Mainfreight extended their lease agreement for 994 m² office space in Dockworks IV, Rotterdam for 10 years. Mainfreight is a long-term tenant occupying DHG office space.
- VETUS B.V.minorDHG developed a build-to-suit facility for VETUS at Havenstraat 1 Schiedam. The 15-year lease includes 5,722 m² industrial space, 1,813 m² mezzanine, 1,873 m² office, and 32 parking spaces. VETUS is a global leader in boat systems headquartered in the Netherlands.
- BlueCycle ConsortiumminorDHG participates in BlueCycle, a practice-oriented project for water-neutral commercial real estate. The consortium includes Nijhuis Saur Industries, Jotem Water Solutions, Van Remmen UV Technology, Vitens, and Betoncentrale Twenthe, focused on developing and testing water-neutral building solutions.
- Nijhuis Saur IndustriesminorDHG developed a build-to-suit Smartlog for Nijhuis Saur Industries. The company is also a partner in the BlueCycle water-neutral real estate consortium.
- IKM GruppenminorNorwegian technical and industrial services group IKM acquired Hendrik Veder and formed IKM Hendrik Veder B.V., which leases 18,000 m² in Rotterdam harbor from DHG on a 10-year lease. IKM operates in approximately 15 countries with about 4,000 employees, focused on energy, offshore wind, maritime services, and subsea technology.
- OudendalminorDHG and Oudendal completed the acquisition of 92 hectares of potentially developable land in Wassenaar and Katwijk. This joint acquisition expands DHG's land bank for future logistics development.
- CEVA LogisticsminorDHG TwoZero and CEVA signed an agreement for a 2.3 MWp PV installation and operational lease on Smartlog Roosendaal. CEVA is a major global logistics provider.
Scale indicators12 records
Recent moves6 records
Expansion highlights6 records
DHG competitors and assessment
Company assessmentDirect peers
- Panattoni: Pan-European logistics real estate developer with active Dutch projects. Comparable speculative development model, similar mid-box and big-box logistics product, and competition for prime harbor-adjacent sites in Rotterdam and Vlissingen.
- Verdion: European logistics real estate developer focused on UK, Germany, and the Netherlands. Comparable speculative and build-to-suit development model with a similar tenant mix of logistics providers and industrial occupiers.
- VGP: Belgian logistics real estate developer with substantial Dutch operations. Closely comparable business model of developing high-quality, semi-speculative logistics parks, selling stabilized assets to institutional investors, and retaining select assets for recurring rental income.
- Prologis: Global logistics REIT with a major Netherlands portfolio spanning Rotterdam, Amsterdam, and Eindhoven. Directly comparable as both a developer and long-term owner of industrial/logistics real estate serving similar e-commerce and 3PL tenants across multiple European countries.
- Montea: Belgian REIT specializing in logistics and semi-industrial real estate in Benelux and France. Comparable as a long-term holder and selective developer of Dutch logistics assets serving similar 3PL, e-commerce, and industrial tenants.
- P3 Logistic Parks: European logistics real estate developer and long-term owner with pan-European operations including the Netherlands. Comparable business model combining speculative development with multi-decade asset ownership for institutional capital partners.
- Logicor: Major pan-European logistics real estate platform owned by Blackstone, with one of the largest Dutch portfolios. Comparable business of owning and selectively developing large-box logistics assets across Europe's primary distribution markets.
- Warehouses De Pauw (WDP): Belgian REIT with a dominant Dutch logistics portfolio (~50% of assets). Comparable as both an investor and developer of logistics real estate in the Benelux region, with similar institutional investor base and tenant relationships in Dutch logistics hubs.
- CTP: Czech-founded European industrial/logistics developer expanding aggressively westward into the Netherlands and Germany. Comparable development-led model with a focus on standardized, sustainable logistics parks targeting institutional investors.
Emerging players
- Next Logistics Real Estate: German-Dutch logistics real estate developer focused on Benelux and German markets. Comparable emerging player with similar focus on large-box, sustainably-built logistics space targeting 3PL and e-commerce tenants in the same Dutch sub-markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights8 records
Customer concentration
DHG social profiles
Digital presenceDHG financial estimates
Financial estimateRevenue estimate
Valuation estimate
DHG leadership team
Management profileNumber of profiles
Profiles8 records
DHG subsidiaries and ownership
Company hierarchySubsidiaries2 records
DHG funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DHG M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DHG
What does DHG do?
DHG develops and invests in logistics real estate in the Netherlands, primarily under the proprietary SMARTLOG concept featuring standardized distribution centers with minimum 4,000 kg/m² floor load, 10.5m free height, and one loading dock per 750 m². The company develops speculative logistics properties on its own risk, sells completed assets to institutional investors, retains select properties in its investment portfolio for rental income, and offers build-to-suit development and property management services. Operations focus on strategic Dutch harbor locations including Rotterdam, Vlissingen, and Moerdijk.
Is DHG a public or private company?
DHG is a private company. It is classified as private equity controlled and is currently acquired.
When was DHG founded?
DHG was founded in 2015. It employs 11 to 50 people.
Where is DHG based?
DHG is headquartered in Schiedam, Netherlands, in the Europe region.
How does DHG make money?
Four revenue lines are on record. Property Development Sales are the primary driver. The others are property Rental Income, build-to-Suit Development and land and Property Transactions.
Who are DHG's main competitors?
Direct peers on record are Panattoni, Verdion, VGP, Prologis, Montea, P3 Logistic Parks, Logicor, Warehouses De Pauw (WDP) and CTP. Next Logistics Real Estate is listed as an emerging player.
Does DHG have an API?
No public API is recorded for DHG.
What industry is DHG in?
DHG's product category is Logistics Real Estate Development. Its primary akta.pro industry code is BPAJAMAC, Industrial & Logistics Real Estate Asset Management, with a secondary code of BPAJAGAC, Industrial & Logistics Property Management. Its NAICS code is 493110 and its SIC code is 4220.