(LONDON) – Hines, the international real estate firm, has announced that Logan Smith will be joining the business on 1 July 2020, in the new role of Head of Logistics for Europe.
The appointment further strengthens Hines’ senior leadership team across its pan-European platform and underlines the firm’s commitment to further expanding its global industrial/logistics portfolio.
Hines has been investing and developing in the industrial sector since 1957, with a global track record of 310 logistics projects in 11 countries. In recent years the firm has established a growing industrial portfolio in strategic locations across Europe with a focus on urban logistics developments, comprising two million square meters and €1.2 billion of the firm’s $4 billion of industrial/logistics Assets Under Management.
Smith will be taking a lead role in growing the sector for Hines in Europe in close cooperation with the Hines dedicated country teams, identifying opportunities with a range of industrial product types in key and emerging markets. He will be based in Hines’ Amsterdam office.
A senior figure in the logistics investment market, Smith joins Hines from Amsterdam-based Aevitas Property Partners, where he was a managing director. He was previously Head of Logistics and Industrial at BNP Paribas Real Estate and previously served as CIO for P3 Logistic Parks and led European acquisitions and dispositions for Prologis.
“I’m delighted to have the opportunity to join this world class company and be part of the European team. With its global presence and unparalleled local knowledge and history, Hines is well positioned to continue to play a key role in the evolving landscape of industrial and logistics real estate,” commented Smith.
Lars Huber, CEO for Hines Europe, said, “The success of Hines is built on the experience and expertise of its people and with Logan, we have strengthened our senior leadership team in Europe with one of the best in the business. As a firm, we have established a considerable European logistics platform in recent years, and with Logan spearheading our strategic growth plan in the sector, we are well placed to capitalize on the tremendous opportunities for continued expansion.”
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 205 cities in 24 countries. Hines has approximately $133.3 billion of assets under management, including $71 billion for which Hines serves as an investment manager, including non-real estate assets, and $62.3 billion for which Hines provides third-party property-level services. The firm has 165 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,393 properties, totalling 459 million square feet. The firm’s current property and asset management portfolio includes 539 properties, representing over 232 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.