REGIONAL OFFICES

Shortly after joining the firm in 1995, Patrick Albrand was instrumental in the establishment and supervision of its French subsidiary. He has been active in the development of Hines France’s first major projects in the business district of La Defense: two high-rise buildings designed by KPF and Pei Cobb Freed, Havas headquarters in Suresnes and others. Prior to working at Hines, Mr. Albrand was the director in charge of development at Stim-Bouygues Real Estate in Paris (1989-1995), where he arranged joint ventures with outside developers and investors. He was a senior research associate at Lawrence Berkeley Laboratory in Berkeley, California (1983-1987), where he participated in the creation of innovative tools and computer programs for the building industry and the real estate sector, with the objective of optimizing energy consumption and building energy management. Prior to that, he was with the Ministry of Interior of Morocco (1980-1982), where he directed and managed a local department of public works that planned, designed and developed 2,500 multi-family homes, a mosque and a hospital. Mr. Albrand received a Master in Architecture at Ecole des Beaux-Arts in 1980 and a Master in Real Estate Development from Columbia University in 1988.

Since joining Hines in 1995, Olivier de Dampierre has been instrumental in developing its French subsidiary and is now president of Hines France Sovacim SA. He was a key player in the negotiation and execution of two primary developments in the business district of Paris, La Defense (65,000 square meters and 30,000 square meters). Mr. de Dampierre's real estate career has been impressive. In 1981, he founded the Commercial Real Estate Division at STIM and over the next 10 years served as its vice president of commercial development, director of commercial development, and director. From 1991 to 1994, Mr. de Dampierre was managing director of STIM S.A., a subsidiary of Sogelym, the largest property developer in Lyon. Before joining Hines, he served as managing director of Sogelym Ile-de-France, S.A. from July 1994 to May 1995. Mr. de Dampierre received a degree from the University of Paris IX, Dauphine, in June 1971 and received his Bachelor degree in Urbanism from the University of Paris VIII in June 1972.

Since joining the firm in 1997, Mr. Godzisz has worked to effectively position Hines in Poland's real estate market. He has co-managed the Metropolitan project, a 38,000 square meter office development in Warsaw, and has been instrumental in securing several new residential and office projects in Warsaw, Gdansk and Lódz for Hines-managed funds with total rentable or sellable area exceeding 98,000 square meters. He has also secured development management mandates for 47,000 square meters of office and hotel/residential space in two high profile projects in Warsaw. Since joining Hines in 1997, he has built a team of 30 people in three offices in Poland. Prior to his career at Hines, Mr. Godzisz was a business adviser at Arthur Andersen (1992-1997). Mr. Godzisz earned his M.A. degree in Arabic Language and Culture at Uniwersytet Jagiellonski (Krakow) in 1992 and his M.B.A. degree at the Graduate School of Business, University of Chicago, in 2001.

Mr. Herre joined Hines in 2000 as a Managing Director of Hines Europe, based in London. At the end of 2006, he relocated from London to Abu Dhabi to lead the Hines MENA region (Middle East/North Africa). He is responsible for all real estate activities within the region, including development, property management and asset management. Additionally, Mr. Herre is a member of Hines' Capital Markets Group, based in Houston. Within this group, he is responsible for structuring commingled funds and raising equity capital for Hines programs. He is involved in project dispositions and one-off equity financings. Mr. Herre has 20 years of experience in the international real estate industry in Europe, the United States and MENA.

Since joining Hines in January 2000, Simon O'Donnell and his team have secured several projects including two at Heathrow Airport in early 2002. His career as a chartered surveyor began at Healey & Baker in 1975. In 1985, Mr. O'Donnell worked in development at both Sheraton Securities and Kajima, where he operated on a Pan-European basis. In 1995, he joined BAA Lynton as development director responsible for the creation and implementation of a 3.5 million-square-foot development program focused at and around BAA’s seven U.K. airports. Mr. O'Donnell was qualified as chartered surveyor (MRICS) at Kingston University, 1971-1975.

Michael Topham joined Hines in 1975. He is currently a Profit Center officer in charge of all European development and operations, and a member of the Hines Executive Committee. After working for Hines in the Middle East (Cairo), he returned to the U.S. where he built several landmark projects. In 1985, he moved to Chicago and created a Profit Center in the Midwest Region. He relocated to London in 1991 to start the firm's activities in Europe, which he still oversees today. In his 30-year career with Hines, some of Mr. Topham's key projects have been creating and managing the Midwest USA Profit Center and the development, acquisition and operations of 15 million square feet in that region; creating and managing the European Profit Center, where he established offices in seven countries and supervised developments approximating $3 billion; and acting as project officer of major buildings in Houston, Denver and Minneapolis. Mr. Topham received a Bachelor of Arts in Economics from Exeter University in 1970 and a Master of Business Administration-Real Estate from the University of California, Berkeley, in 1971.

Karl Wambach joined Hines in 1993. As managing director, he is responsible for the planning and execution of projects totaling more than 1.5 billion Euros, including all German developments and operations for Hines. Mr. Wambach completed several innovative projects in Berlin and Frankfurt valued at €1 billion, is currently responsible for projects under execution in Düsseldorf and Munich (exceeding €500 million) and supervises the expansion into different locations including projects in Stuttgart and Hamburg. Before joining the firm, Mr. Wambach was managing director of general contractors for numerous projects in domestic (German) and international (predominantly the Middle East) markets ­– the completed projects were valued at up to $1 billion each. He received his Diplom Ingenieur (Civil Engineering) degree in 1971 from the University of Applied Science in Munich.

Since joining Hines in 1979, Jay Wyper has been significantly involved in the development of more than 9 million square feet of commercial real estate valued at more than $2.2 billion. He also has extensive experience in finance, marketing, lease negotiations and development management. As managing director of Hines Spain (1996-2003), Mr. Wyper was responsible for the development of Diagonal Mar, a mixed-use 4 million-square-foot project on 84 acres on the Mediterranean Sea in Barcelona, and Torre T3, a 207,000-square-foot office development in Madrid. He also directed Atlanta's 1,162,000-square-foot One Ninety One Peachtree Tower and 832,800-square-foot Three Ravinia Drive. As project officer, Mr. Wyper managed the development of spring training facilities for the Boston Red Sox ( Ft. Myers) and New York Yankees ( Tampa); the 581,000-square-foot Columbia Square in Washington, D.C.; and the 484,000-square-foot One State Street in Hartford, Connecticut. He also assisted in developing the 1,743,000-square-foot Pillsbury Center in Minneapolis. Mr. Wyper attended the University of Virginia where he received his Bachelor of Architecture in 1974 and his Master of Business Administration in 1979.