Hines set to exceed €1.5bn target for latest fund

Hines, Cribbs Causeway

Global real estate investment group Hines has raised an additional €305m (£262m) of equity from institutional investors for the Hines European Value Fund 3 (HEVF 3).

The fund has raised more than €1.45bn (£1.24bn) since its launch in mid-2022, and expects to beat its initial equity target of €1.5bn (£1.28bn).

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