(HOUSTON) – Hines, the privately held international real estate firm, announced today the release of the firm’s seventh sustainability report. The comprehensive report, which can be viewed at hines.com/sustainability 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. Today, sustainability is embedded in the company’s operations, investment management and decision making. In this report, Hines details ways that the firm continues strengthening its resilience and ability to adapt to change.
“In 2017, Hines celebrated its 60th anniversary, continuing dad’s legacy of successful partnerships in innovative and sustainable real estate investments. To us as a firm, being a leader means staying nimble, sharing ideas, and adapting to change,” said Hines President and CEO Jeff Hines. “This report details ways that Hines is leading and adapting to such dramatic changes to accomplish our vision: to be the best real estate investor, partner and manager in the world.”
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 201 cities in 24 countries. Hines has approximately $111 billion of assets under management, including $60 billion for which Hines provides fiduciary investment management services, and $51 billion for which Hines provides third-party property-level services. The firm has 108 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,295 properties, totaling over 422 million square feet. The firm’s current property and asset management portfolio includes 506 properties, representing over 210 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.