trending Market Intelligence /marketintelligence/en/news-insights/trending/SU92R7jlAo1ICH-2nEsFXQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Hines pulls in €637M at 1st close of €1.25B European real estate fund

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Hines pulls in €637M at 1st close of €1.25B European real estate fund

Real estate firm Hines raised about €637 million from 13 institutional investors at the first close of Hines European Value Fund 2, which has a total fundraising target of €1.25 billion.

Hines is co-investing 5% of the total commitments to the investment vehicle, which is expected to have total purchasing power of approximately €3 billion. Subsequent closings are expected to take place through 2020.

The fund will target a net internal rate of return of 11% to 13% and will primarily target office assets.

Hines recently signed two seed assets for the fund, including an office asset in Munich and a residential project in Madrid, and has taken into exclusivity a mixed-use office/retail project in the West End of London, for a total investment of €300 million. It expects to make additional purchases in early 2020.