Hines European Core Fund (HECF), managed by Hines, has made two acquisitions.
In Berlin, Hines has agreed to forward fund the Marienhöfe residential quarter in Tempelhof, a transformative mixed-use neighborhood of 85,000 square meters (915,000 square feet) across 12 buildings, comprising 880 rental apartments. This transaction represents Hines’ largest residential investment in Germany to date — 25 years after establishing a presence in the market — and showcases HECF’s continued momentum in attracting and deploying capital.
“Housing is one of the most attractive sectors for long-term capital today.” said Alfonso Munk, co-head of investment management at Hines. “We believe that as an investor with a strong pipeline of capital to deploy and a developer-owner mindset, we are well placed to take advantage of current market conditions and make bold, research-backed conviction plays on behalf of our core and core-plus investors.
“These acquisit
