Hines, Headquartered in the United States, is Establishing An India-focused Fund to Invest in Office Assets

Hines, a Houston, America headquartered global real estate investment and development company, is planning to expand its presence in India by raising a fund devoted to investing in office premises in India, as per confirmed news sources. The move comes amid a series of changes aimed at boosting the business climate.

The US-based corporation intends to raise a $500 million India-focused fund in the next two quarters as part of its development strategy. This will be a closed-end fund with a 10-year duration.

This is indeed great news for Indian real estate especially for commercial real estate in India.

Additional Information About Hines

Hines is a privately held global real estate investment, development, and management company founded in 1957 with operations in 255 cities across 27 countries, $83.6 billion1 in investment assets under management, and over 138.3 million square feet of property for which Hines provides third-party property-level services.

Hines is actively developing 171 properties worldwide and has previously developed, renovated, or bought 1,486 properties totalling over 492 million square feet. Currently, the business manages 634 properties totaling over 243 million square feet. Hines is one of the biggest and most regarded real estate businesses in the world, with vast expertise investing across the risk spectrum and across all property types and a fundamental commitment to ESG.