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Hines partners with Korean pension fund to develop billions in real estate

Hines partners with Korean pension fund to develop billions in real estate FacebookTwitterEmail A construction worker looks at the view during a visit to the 33rd floor of the La Colombe d’Or Hotel & Residences to mark the topping out of the building in Houstons Montrose neighborhood, Tuesday, Sept. 10, 2019. The Developer Hines is building the 265-unit, high-rise luxury multifamily project next to the historic La Colombe d’Or Hotel.Mark Mulligan, Houston Chronicle / Staff photographer Hous...
New York United States South Korea Geraldd Hines Gerald Hines Jeffrey Hines

S. Korea pension fund joins with Hines for real estate venture

S. Korea pension fund joins with Hines for real estate venture Bloomberg South Koreas National Pension Service, Jeonju, has entered into a $1.5 billion joint venture with real estate investment firm Hines to build mixed-use, residential, office and logistics properties worldwide, according to a joint news release. The joint venture provides "ready capital for some interesting opportunities that will arise in the next 12 to 18 months, said David L. Steinbach, Hines global CIO, in an interview. F...
Cholla Bukto South Korea United States Davidl Steinbach Hyo Joon Ahn Korea National Pension Service

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