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Hines partners with Korean pension fund to develop billions in real estate

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. ....

New York , United States , South Korea , Geraldd Hines , Gerald Hines , Jeffrey Hines , Hyo Joon Ahn , National Pension Service Of Korea , Sony Center , Houston Based Hines , National Pension Service , Joon Ahn , North America , One Vanderbilt , One Madison , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியா , ஜெரால்ட் ஹைன்ஸ் , ஜெஃப்ரி ஹைன்ஸ் , ஹயோ ஜூன் அஹ்ன் , தேசிய ஓய்வூதியம் சேவை ஆஃப் கொரியா , சோனி மையம் , ஹூஸ்டன் அடிப்படையிலானது ஹைன்ஸ் , தேசிய ஓய்வூதியம் சேவை , ஜூன் அஹ்ன் ,

S. Korea pension fund joins with Hines for real estate venture

S. Korea pension fund joins with Hines for real estate venture
Bloomberg
South Korea s National Pension Service, Jeonju, has entered into a $1.5 billion joint venture with real estate investment firm Hines to build mixed-use, residential, office and logistics properties worldwide, according to a joint news release.
The joint venture provides ready capital for some interesting opportunities that will arise in the next 12 to 18 months, said David L. Steinbach, Hines global CIO, in an interview. For example, Hines executives expect that there will be opportunities to invest in sites in or near cities where properties are not often offered up for sale, but will be due to the pandemic, he said. ....

Cholla Bukto , South Korea , United States , Davidl Steinbach , Hyo Joon Ahn , Korea National Pension Service , National Pension Service , Joon Ahn , North America , தெற்கு கொரியா , ஒன்றுபட்டது மாநிலங்களில் , ஹயோ ஜூன் அஹ்ன் , கொரியா தேசிய ஓய்வூதியம் சேவை , தேசிய ஓய்வூதியம் சேவை , ஜூன் அஹ்ன் , வடக்கு அமெரிக்கா ,