SPONSORED: Hines – Buying, building and managing to core

The two main advantages of a core-plus real estate investment strategy today are flexibility and maintaining a “young” portfolio, according to Adriana de Alcantara, senior managing director and fund manager for Hines U.S. Property Partners (HUSPP), Hines’ flagship core-plus open-end real estate fund. In an interview published in the September issue of Institutional Real Estate Americas, De Alcantara discusses how HUSPP’s strategy is working in the current environment and how they decide when to develop vs. acquire new assets. “Returns have started to turn the corner, going up in the first quarter of this year, and the second quarter is positive, as well, and well above the NFI-ODCE index,” says De Alcantara. “The appetite for core and core-plus real estate is coming back.” To access a pdf of the Sponsored Section, click here.