Hines France Regional Office
Hines France was founded in 1995 and, with a team of 32 real estate professionals, provides development, investment and asset management services to its clients. With more than 1,000,000 gross square meters of office and mixed-use projects completed, under construction, under development and under asset management in the Ile-de-France region, Hines France is a leader in the commercial development sector. Completed developments include EDF Tower (65,000 sqm), CB16 Tower in Paris-La Défense (27,000 sqm), Havas headquarters in Suresnes (23,000 sqm), M6 Headquarters in Neuilly-sur-Seine near Paris (11,000 sqm), Meudon Campus near Paris (45,000 sqm), Zac Danton in Paris-La Défense (102,000 sqm), and Carpe Diem in La Défense (47,000 sqm) for Aviva/Predica.
Projects currently in the design-development phase include mixed-use development Duo I & II for Ivanhoé Cambridge and office development for Gecina in Boulogne called "Cristalin."
Hines France is led by Patrick Albrand, President; Patrick Bosque, Managing Director Development, and Xavier Musseau, Managing Director Investment Management. By aligning Hines’ experience with an excellent, longstanding knowledge of the local market, Hines France is able to anticipate and create new development opportunities with strong added value, including in the areas of urban planning, architecture, legal and financial structuring.
A Current Regional Initiative
With 540 million square feet of office space, the Paris Region is one of the largest real estate markets in Europe.
Hines France's strategy since its creation in 1995, has been to focus on that single market and more specifically on the area between the Northwest and the Southern CBD submarkets which historically have offered excellent transportation, a safe environment and availability of development sites (transformation of former industrial sites).
In 2014, Hines France has:
- 1,055,000 square feet under construction (3 projects)
- 1,390,000 square feet under asset management (5 projects)
- 2,422,000 square feet under development (3 projects)
This makes Hines France a leader in the most prominent submarkets of the Paris Region.
Since opening the firm in 1995 with Olivier de Dampierre, Patrick Albrand
was instrumental in the establishment and supervision
of its French subsidiary. He has been active in the development
of Hines France’s major projects in the business
district of La Defénse: two high-rise buildings designed
by KPF and Pei Cobb Freed, Havas headquarters in Suresnes
and others; as well as creating the Investment Management group with Xavier Musseau in 2012. Prior to working at Hines, Mr. Albrand was
the Director in charge of development at Bouygues
Real Estate in Paris (1989-1995). 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. Prior to that, he was with
the Ministry of Interior of Morocco (1980-1982), where
he directed and managed a regional 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.