(HOUSTON) – Hines, the international real estate firm, announced today the release of the firm’s eighth sustainability report. The comprehensive report, which can be viewed at hinessustainability.com/, provides a detailed review of Hines’ environmental, social and governance performance, compiled in accordance with the Global Reporting Initiative (GRI).
The new report celebrates how quality, efficiency and integrity have been cornerstones of the firm since Hines’ founding in 1957. For over 60 years, Hines has been built on superior performance, a world-class workforce and unparalleled depth of our local real estate teams. In 2018, we made significant progress in many areas as we continue on our path of using fewer resources, producing less waste and creating healthy places for people to live and work. At the same time, we continue creating value for our employees, investors, clients and the communities in which we operate.
“Achieving our vision of being the best real estate investor, partner, and manager in the world requires a focus on delivering long-term value for the planet and for the people we reach through our business, from our employees to our investors, clients, tenants, and local communities,” said Hines President and CEO Jeff Hines.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 219 cities in 23 countries. Hines has approximately $124.3 billion of assets under management, including $63.8 billion for which Hines provides fiduciary investment management services, and $60.5 billion for which Hines provides third-party property-level services. The firm has 148 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,362 properties, totaling over 449 million square feet. The firm’s current property and asset management portfolio includes 514 properties, representing over 222 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.