Hines completed €720m capital raise for European Value Fund

Finance money picture

Hines has closed fundraising for its European Value Fund with total equity commitments exceeding €720m (£740.7m), surpassing its original target by 40%.

The fund accepted commitments from group of 16, predominantly European, limited partners including Allianz, Intesa Sanpaolo Vita, Nordrheinische Ärzteversorgung (NAEV), OP Real Estate and the Finnish Church Pension Fund, Wealthcap and other German and Asian pension fund and insurance group clients.

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