(SÃO PAULO) – Hines, the international real estate firm, is pleased to announce that Antonio Carlos Ferreira Rosa has joined the firm as managing director and country head for the Hines Brazilian platform. Ferreira Rosa comes to Hines from G.P. Investments in São Paulo, where he served as Managing Director of Real Estate for the past five years. Before 2011, he spent 16 years with Gafisa S.A., one of the largest residential developers in Brazil.
Hines Brazil currently has $1.9 billion of assets under management. Since entering Brazil in 1998, Hines has developed a portfolio of projects in the industrial, residential and office sectors. The firm most recently joined with Tecnisa to make Hines’ largest Brazilian acquisition to date, securing a co-investment in Jardim das Perdizes in São Paulo; a massive mixed-use residential project with office, retail and hotel components. Hines Brazil also recently acquired an ongoing development in the Vila Mariana neighborhood of São Paulo, which consists of a 244-unit condominium project spanning four buildings.
“We look forward to continuing our diversified and successful approach in Brazil under Ferreira Rosa’s strong leadership,” commented Hines CEO of South America Kevin Shannahan. “We have a fantastic team of more than 120 seasoned real estate professionals who have been integral to our past success in Brazil. We look forward to placing significantly more capital in this dynamic country as we actively work to bring deals in our pipeline to fruition.”
“We are confident that Ferreira Rosa will build on our standards of excellence in Brazil and continue to contribute to the strong global brand that Hines investors have come to expect,” added Hines President and CEO Jeff Hines.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 182 cities in 20 countries. Hines has $89.1 billion of assets under management, including $42.5 billion for which Hines provides fiduciary investment management services, and $46.6 billion for which Hines provides third-party property-level services. The firm has 109 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,126 properties, totaling over 351 million square feet. The firm’s current property and asset management portfolio includes 457 properties, representing over 193 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.