(LONDON) – The Urban Land Institute (ULI) and Hines, the international real estate firm, have launched the 2022 ULI Hines Student Competition – Europe, with a call for entries. This third-annual team challenge for universities and business schools across Europe will test students’ skills in applying their knowledge of all aspects of real estate and land use in a practical and challenging exercise. Applications are now open, and the deadline for submissions is 16 February 2022.
To qualify, students are invited to form multidisciplinary teams of four that demonstrate real diversity, before engaging in a challenging exercise in responsible land use that tests their understanding of the core components of real estate finance and investment, planning and development, as well as the social and environmental issues that impact decisions around land-use and sustainable development.
The application process requires each team to submit materials including a completed pre-qualification questionnaire, details about each team member, a brief description of how diversity was achieved in the team, and a short video on a favorite urban development or place, which are submitted via the ULI website.
Submissions will be reviewed by ULI and Hines, with a maximum of eight teams selected for the final stage, which is due to take place in a hybrid format on 24 May 2022. The winning team will then be selected by a jury of senior industry professionals.
Each member of the winning team will receive:
- a fast-track to the Hines internship program;
- a guided tour of a live development project and participation in project meetings in Hines’ European offices (as travel restrictions allow);
- a one-year ULI membership – providing access to research content, events, webinars, education and mentorship programmes, knowledge sharing and connections with a multidisciplinary global network of real estate and land use professionals; and,
- complementary access to bespoke in-person opportunities within the ULI programs (depending on location and interest).
Lars Huber, CEO of Hines Europe, said: “We’re delighted to open entries for the third ULI Hines Student Competition – Europe. Our aim is to reach a diverse array of burgeoning talent throughout Europe and provide them with a platform to showcase their skills and ingenuity when it comes to solving some of real estate’s current biggest challenges. Hines’ teams are made up of individuals from diverse backgrounds and disciplines and we find this enables us to develop the best solutions for our projects and clients. This year’s competition will have an even greater emphasis on regeneration with a strong ESG focus since this is clearly the greatest challenge facing our industry. The eventual winners will receive a fast-track to the Hines internship program as we remain fully committed to supporting the next generation of talent to flourish, indeed some of last years’ winners have proved to be valuable members of the Hines team.”
Lisette van Doorn, CEO of ULI Europe, said: “The urgent challenges that face us all, such as climate change, clearly show the critical need for our industry to collaborate and work collectively to find innovative solutions to problems and share knowledge and best practice, now and in the future. This competition exemplifies the best of this approach, embracing multi-disciplinary, multi-generational collaboration among active, passionate and diverse people to drive learning, leadership and best practice when solving community and real estate challenges – just like ULI. The first two competitions generated lots of interest and engagement among students, not only in the competition but also ULI’s broader activities. This is important for us as these groups’ views are key to futureproofing our cities and communities. We welcome this impressive pipeline of future talent to the industry – talent that needs to be nurtured, attracted, and retained. We’re excited to now call for entries in this third annual competition.”
Earlier this year, four students from The London Business School were announced as victors out of eight competing teams in the virtual final of the 2021 ULI Hines Student Competition – Europe, where students were challenged to present their vision of a future workplace, based on the redevelopment of an office site in Amsterdam.
Details of how to apply for the 2022 ULI Hines Student Competition – Europe are available at europe.uli.org/ulihinesstudentcompetition.
Further details on ULI Hines Student Competition – Europe
Background to original ULI Hines Student Competition
- The ULI Hines Student Competition – Europe is affiliated with a U.S. version, which was established in 2002.
- Longtime ULI leader Gerald D. Hines, founder of the Hines real estate organisation, created the competition with a generous endowment after he received the ULI Prize for Visionaries in Urban Development in 2002.
- For further information about the original competition, visit: https://uli.org/hines.
About the Urban Land Institute
The Urban Land Institute is a non-profit education and research institute supported by its members. Its mission is to shape the future of the built environment for transformative impact in communities worldwide. Established in 1936, the institute has over 45,000 members worldwide representing all aspects of land use and development disciplines.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 255 cities in 27 countries. Hines oversees investment assets under management valued at approximately $83.6 billion¹. In addition, Hines provides third-party property-level services to more than 367 properties totaling 138.3 million square feet. Historically, Hines has developed, redeveloped or acquired approximately 1,486 properties, totaling over 492 million square feet. The firm has more than 171 developments currently underway around the world. With extensive experience in investments across the risk spectrum and all property types, and a foundational commitment to ESG, Hines is one of the largest and most-respected real estate organizations in the world.
Since entering Europe in 1991, Hines has grown its European platform to include offices in 16 cities as well as a presence in 62 cities in 13 countries. Hines oversees investment assets under management valued at approximately €21.7 billion and provides third-party property-level services totaling 3.9 million square meters in Europe, in Austria, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Poland, Spain and the United Kingdom. Visit www.hines.com for more information.
¹Includes both the global Hines organization as well as RIA AUM as of 30 June 2021.