Hines secures £78.5m from debut Israeli fundraising

Hines 200,000 sq ft

Hines has raised $108m (£78.5m) from Israeli investors for one of its flagship European real estate funds.

Menora Mivtachim, one of Israel’s largest insurance companies, will invest $88 million in the Hines European Value Fund 2 (HEVF 2), with a further $20m from private investors based in Israel.

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