Hines is a global real estate investment, development and management firm, founded in 1957, with a presence in 214 cities in 24 countries and $120.6bn (€105.4bn) of assets under management – including $66.5bn (€58.1bn) for which Hines provides fiduciary investment management services and $54.1bn (€47.3bn) for which Hines provides third-party property-level services.
Hines remains a privately-owned company with exceptionally strong values and integrity and one that carefully guards its clients’ reputation as much as its own. This ownership structure allows Hines to take a long-term view and pursue strategies that help the company to weather real estate cycles.
Hines’ portfolio of existing projects, completed and acquired, includes more than 1,476 properties representing 488.8m square feet (45.4m sqm) of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large master-planned communities and land developments. In addition, Hines’ property management portfolio includes 512 properties totalling 223.5m square feet (20.8m sqm) of prime real estate. The firm has approximately 4,320 employees, most often locals in their specific investment market, executing the different activities of Hines globally.
With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most respected real estate organizations in the world.
Please visit www.hines.com for more information.
Investment Principles & Strategy
Hines is active across the risk spectrum and in all real estate sectors and is therefore able to respond to opportunities and trends by establishing appropriately focused investment vehicles at the right time and in the right place.
The firm is fundamentally a specialist real estate manager, and its core skillset remains in creating value at the property level by combining sound investment strategies with detailed and complex asset work. The ability to underwrite a real asset with greater insight into its physical systems (with development/engineering capabilities), operating requirements (with property management capabilities) and occupier prospects (with local country teams) allows the firm to drive value throughout a capital markets or rental cycle. A deep understanding of real estate by the fiduciary decision makers and an embedded world-class operator sets Hines apart.
Strategic Corporate Development
Hines was founded in 1957 in the US and has evolved into one of the largest and most experienced real estate organisations in the world. As the firm expanded, it consciously decentralised its organisation, allowing the firm to grow deep regional platforms. Hines’ Latin American presence spans across three countries: Brazil, Mexico and Panama. With over 25 years of operation in Latin America, the firm has long-tenured real estate professionals living and working in their local markets. Brazil is headquartered in Chicago, and Mexico and Panama are headquartered in Houston. The Latin American platform continues to expand as opportunities arise. As of 31 December 2018, Hines is responsible for approximately $4.5bn (€3.9bn) of assets under management across the Latin America region and is most recognised for its flagship investments.
Sustainability and Innovation
Sustainability has been at the heart of the firm since its inception in 1957. Over the decades, Hines has continuously partnered with leading manufacturers, universities and engineers to pioneer new approaches and technologies that elevate the efficiency and value of every building. Sustainability at Hines is not a means to an end, but an ongoing practice that fosters communities and cities around the world.
In 2008, Hines initiated HinesGO (Hines GREEN OFFICE) as an internal program to measure and reward sustainable practices within all Hines offices worldwide. The firm currently has more than 63.8m square feet of projects that have been certified, pre-certified or registered under LEED®; more than 84.9m square feet in the ENERGY STAR® program and more than 30.0m square feet in the Hines GREEN OFFICE for Tenants program.
In 2017, Hines created the Office of Innovation. This department was created to leverage the innovation that is already occurring and provide resources to take them to the next level by testing and implementing new building technologies that enhance sustainability efforts and future-proof assets.
Hines has partnered with the International WELL Building Institute™ and the Mayo Clinic as a founding member in the Well Living Lab to explore how air quality, thermal comfort, light, acoustics, density and other factors affect stress, sleep and wellness for building occupants.
The firm is also exploring the provision of hospitality focused amenities and experiences for tenants, residents and guests in its office and multifamily properties. Furthermore, Hines is pursuing ways to activate its lobbies and other common areas to encourage collaboration and accidental interactions. In addition to looking at how to create the “third place” in its office buildings – the place between home and work.
Additionally, Hines is an investor in Fifth Wall, a venture capital firm that provides organised access to the landscape of real estate technology and the changes that are occurring. Additionally, Hines is investing in Fifth Wall, a venture capital firm that provides organised access to the landscape of real estate technology and the changes that are occurring.
COMPLIANCE STATEMENT // The information is intended solely for the use of professionals and is not for general public distribution. This information does not constitute an offer to acquire or subscribe for securities, units or other participation rights in any Hines-sponsored investment program which can only be made by the applicable offering memorandum.
News from Hines [Real Estate - Latin America]
Hines is kicking off Phase One of El Convento CityPark in Mexico City, a logistics park development in the CTT submarket.
Hines announced the sale of a 2.9 million-square-foot portfolio of industrial and logistics properties to Grupo IGS. Financials on the deal were not disclosed. Savills represented Hines on the disposition.
Coca-Cola Brazil earns LEED® Silver certification - Becomes First LEED Silver EB Building in Rio de Janeiro download
The Brazil office of Hines announces that the Coca-Cola Brazil building has received Silver certification under the U.S. Green Building Council’s LEED for Existing Buildings (EB) rating system.
Analysis from IPE Real Assets
Big infrastructure and property developments in a dynamic city not quite at its zenith have caught the imagination of investors, writes Russell Handy