October 3, 2019
International real estate developer and owner Hines unveiled its new investment platform to boost “its ability to develop, acquire and operate best-in-class real estate assets globally in partnership with current and future institutional and retail investors,” according to a statement from the Houston-headquartered firm. The new platform will be co-led by Global Chief Investment Officer David Steinbach and Chris Hughes, CEO of Capital Markets.
The company also appointed three new geographic Chief Investment Officers. Alfonso Munk, who joins from PGIM Real Estate, will oversee the Americas, while Hines veteran Alex Knapp is taking on the new role of CIO Europe. Lee Timmins has been appointed CIO of Asia.
“Our expanded platform allows us to satisfy the needs of our investors who want to ‘go direct’ with larger, more-strategic relationships, led by real estate experts who are thinking well into the future and looking above the tree line,” Steinbach said.
Pictured (L-R): Steinbach, Hughes, Knapp, Timmons, Munk
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