Hines has announced two senior promotions to spearhead the continued growth of its Netherlands platform and Living offering across Europe. Andy Smith has been promoted to senior managing director, Netherlands, and Pavlos Gennimatas has been promoted to managing director of European Living.
Smith joined Hines in 2007, holding roles in the capital markets and European acquisitions and asset management team before establishing the Hines Netherlands platform in 2017. Since this time, Smith has been Netherlands’ country head.
Gennimatas joined Hines in 2016 as an associate in investment management and was promoted to director – European Living in 2018.
The Living sector is a key strategic growth area for Hines across Europe with current assets under management of €3.6 billion ($4.3 billion). The firm will continue to acquire or develop build-to-rent assets this year, while continuing the ongoing growth of its student housing platform. To mirror this aim, in rec