January 26, 2015 6:36 AM ET

Capital Markets

Company Overview of Hines Interests Limited Partnership

Company Overview

Hines Interests Limited Partnership is a real estate investment firm. It provides real estate investment, development, and management services. It manages investment funds for public and private pension funds, foreign governments and investment authorities, foundations, endowments, high net-worth individuals, and individual investors. The firm develops office and retail properties, sports complexes, and arts facilities. It also offers property and facility management services, including asset management, finance/accounting, acquisition/disposition, construction management, marketing/leasing, development/redevelopment, real estate and market assessments, energy management, asbestos abatement,...

Williams Tower

2800 Post Oak Boulevard

Houston, TX 77056-6100

United States

Founded in 1957

Phone:

713-621-8000

Fax:

713-621-8000

Key Executives for Hines Interests Limited Partnership

Co-Owner
Age: 58
Chief Financial Officer and Executive Vice President
Age: 65
Senior Vice President
Senior Managing Director and Chief Executive Officer for Southwest USA and Mexico
Compensation as of Fiscal Year 2014.

Hines Interests Limited Partnership Key Developments

UniCredit Reportedly Shortlists Three Bidders For Sale Of Former Milan Headquarters

UniCredit S.p.A. (BIT:UCG) has shortlisted three bidders to continue talks with for selling its former headquarters in Milan in a deal estimated to be worth nearly €400 million, reported business daily Il Sole 24 Ore quoting well-informed sources. Hines Interests Limited Partnership with Abu Dhabi Investment Authority; Prelios S.p.A. (BIT:PRS) teamed with London & Regional Properties Limited; and The Blackstone Group L.P. (NYSE:BX) are the three shortlisted candidates to buy UniCredit's Palazzo Broggi on Milan's Piazza Cordusio, which the banking group left after moving to UniCredit Tower in Milan. The three bidders left in the race plan to convert the building into a shopping mall, Il Sole said, quoting rumours.

Hines Interests Limited Forms Joint Venture with Cousins Properties

Hines Interests Limited Partnership has formed a joint venture with Cousins Properties Incorporated to develop Victory Center in the Uptown Dallas submarket of Texas, US. Both the entities are based in the US. The Victory Center will be a 23-story, trophy office tower with approximately 466,000 rentable square feet of office and retail space. The 2.94-acre, fully entitled site is under contract, and Hines Interests Limited and Cousins Properties expect to commence construction in mid-2015.

Hines and MetLife Inc. to Develop Multifamily Complex at Marina Bay in Quincy, MA

Hines and MetLife announced that they will develop a multifamily housing complex along 5.83 acres of waterfront in Quincy, MA. MetLife will own a majority equity stake in the project. Hines will develop and co-invest. The project will consist of two, four-story apartment buildings with a total of 352 market-rate units, approximately 17,000 square feet of retail space and approximately 500 parking spaces. The project will include a significant expansion of the boardwalk, as well as retail and dining offerings at Marina Bay. A waterfront pedestrian connection between the boardwalk and Squantum Point Park will also be created. The project will provide shuttle service to the nearby North Quincy MBTA station and will have views across Dorchester Bay to downtown Boston, the Back Bay and the Seaport District. Construction is scheduled to begin in early 2015 and pre-leasing to start in 2016. This is the third residential development that MetLife and Hines have recently collaborated on.

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