Hines has secured more than €1 billion ($1.1 billion) of equity commitments for its Hines European Property Partners fund (HEPP).
The figure was reached in July following an acceleration of commitments from existing and new partners over the past quarter, illustrating both renewed confidence in the market and conviction in Hines’ track record of executing its fund strategies.
Jorge Duarte, fund manager, who has spearheaded its growth since joining Hines to launch and run HEPP in 2022, said, “We have taken advantage of the shift in market conditions in Europe and tactically deployed significant capital over the last 12 months. Investors can see how the portfolio has been assembled so far, and that coming into the fund now means not only a short path to deployment but also gaining exposure to what are expected to be the best performing assets classes over the coming years. They also recognize what are likely to be the best investment conditions for a core plus real
