(LONDON) – Hines, the global real estate firm, has made four new strategic appointments to grow its UK Asset Management, Investment and Finance teams.
Gregory Hare joins Hines UK as an Asset Manager and will be based in London, working alongside Donna Springall on the asset management of a range of properties, including 354 Oxford Street and The Royal Exchange in Manchester.
Gregory joins Hines UK from The Arch Company, where he worked for two-and-a-half years maximizing the value of the firm’s commercial portfolio across the UK.
Isabella Hitchcock also joins the Asset Management team of Hines UK, working alongside Sharon Bloodworth in managing retail developments in Scotland, including The Centre, Livingston, and Buchanan Street in Glasgow.
Prior to joining Hines, Isabella spent 18 months working in asset management at RivingtonHark, where she was responsible for the firm’s core assets and value shopping centers. Isabella has experience in providing strategic advice to landlords to maximize performance of challenging retail spaces, as well as experience in valuations working across a range of asset types.
Emanuel Rebelo has joined Hines UK’s Acquisitions & Investment team as an Associate. Emanuel was part of the winning team at the 2021 ULI-Hines European Team Competition and has previously interned at Hines in its European Investment Management Team.
Emanuel is a qualified architect and completing an MBA at London Business School. Prior to joining Hines, Emanuel was Senior Project Manager at Arup and Project Director at Adjaye Associates. Hailing from Portugal, Emanuel will be based in Hines’ London office and will primarily work alongside Jurrien DeKoning.
James Edmunds will work as an Accounts Assistant in Hines UK’s Finance team, his first professional role. James has a master’s degree in Applied Social Data Science from Exeter University and will continue studying toward accounting qualifications alongside his role at Hines.
These appointments reflect Hines’ growth ambitions in the UK and its strong recent investment and leasing activity across multiple sectors, including office, retail, living and industrial and logistics. Last year the firm completed the off-market acquisition of 18 Blackfriars Road, one of the largest development sites in Central London, where it plans to develop a major mixed-use scheme, which on completion will have a development value in excess of £1 billion.
Ross Blair, Senior Managing Director and Country Head of Hines UK, commented:
“We continue to grow our team to support and drive the expansion of our portfolio, demonstrating the importance of the UK market, and London in particular, to Hines’ global platform. Attracting the best talent to complement and strengthen our existing experienced team will ensure we are well placed to execute our growth strategy and deliver the highest quality service to our investors, partners and customers.”
To accommodate the continuing growth of both Hines UK and Hines Europe, both teams will be relocating to Grainhouse in Covent Garden when the building, which is currently under construction, is completed in early 2023. The development was acquired by the Hines European Value Fund 2 (HEVF2) and incorporates four interlinked period buildings to deliver one consolidated modern office scheme, with street-level restaurant and retail amenities.
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, Czech Republic, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Poland, Spain and the United Kingdom.
Visit www.hines.com for more information.
1. Includes both the global Hines organization as well as RIA AUM as of 30 June 2021.
About the Hines European Value Fund 2 (HEVF 2)
HEVF 2 is a euro-denominated, Luxembourg-based investment fund launched in December 2019. Managed by Hines, its objective is to acquire a portfolio of core-plus and value add profile commercial real estate investments throughout the major European markets on behalf of an institutional investor group. Whilst the fund has broad flexibility across sectors, the portfolio is largely focused in Logistics, Residential and Office usages.
HEVF 2 follows its predecessor HEVF 1 (2017 vintage) in continuing the flagship HEVF series for Hines in Europe, alongside the Hines European Core Fund (HECF) open-ended core flagship vehicle, and the new open-ended core-plus European real estate fund, Hines European Property Partners (HEPP).