(MADRID) – Hines, the international real estate firm, announced today that it has appointed Sebastian Huergo as new Co-Head of Spain. Huergo joins the leadership team of Jamie Rea and Miguel Ramos at the helm of Hines Spain. Huergo arrives from Norges Bank Investment Management (NBIM), where he spent three years sourcing and executing transactions in various markets and product types, totaling equity commitments of more than €2.5 billion. During the course of 2013-14, he has been actively sourcing opportunities in the Spanish market for NBIM.
Prior to his tenure at NBIM, Huergo spent seven years at Rockspring PIM in London, where he performed roles both in the transactions and fund management teams. Huergo completed his MBA at London Business School in 2002.
“Sebastian is a fantastic addition to our Spanish team and will complement very well our existing leadership. This hire confirms Hines´ strong commitment to expand its operations in Spain across the risk spectrum and different product types.” commented Lars Huber, CFO Europe.
“I am delighted to join such an entrepreneurial company, with a remarkable track record in development and investment management across the globe. The current situation of the Spanish property market offers great opportunities for entities with the skillset that Hines possesses,” said Huergo.
Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The firm’s historical and current portfolio of projects that are underway, completed, acquired and managed for third parties includes 1,317 properties representing more than 541 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments. Currently, Hines manages 391 properties totaling 161 million square feet, which includes 89.1 million square feet for third parties. With offices in 115 cities in 18 countries, and controlled assets valued at approximately $28.2 billion, Hines is one of the largest real estate organizations in the world. Hines is also a world leader in sustainable real estate strategies, with extensive experience in LEED®, ENERGY STAR®, BREEAM, Haute Qualité Environnementale and DGNB green building rating systems.
Visit www.hines.com for more information.