Hines partners with Korean pension fund to develop billions in real estate
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A construction worker looks at the view during a visit to the 33rd floor of the La Colombe d’Or Hotel & Residences to mark the topping out of the building in Houston s Montrose neighborhood, Tuesday, Sept. 10, 2019. The Developer Hines is building the 265-unit, high-rise luxury multifamily project next to the historic La Colombe d’Or Hotel.Mark Mulligan, Houston Chronicle / Staff photographer
Houston-based Hines has launched a joint venture with the National Pension Service of Korea to develop as much as $5 billion worth of commercial real estate worldwide. The partners said the effort would address the demands of modern spaces.