(LONDON) — Hines, the international real estate firm, has announced two senior promotions in its UK team to accelerate the growth of its portfolio in London and key regional markets.
Jake Walsh, who has been with the business for 10 years, has been promoted to Managing Director, where he will be responsible for Acquisitions, with a particular focus on the office and retail sectors. Jake was instrumental in securing Hines’s two flagship mixed-use schemes on London Oxford Street, and is exploring opportunities to rebuild the firm’s portfolio of large scale, prime office assets in central London and beyond.
Emme Haycock, who joined Hines three years ago from Intu, has been promoted to Director, working in the asset management team where she has responsibility for a number of the firm’s retail properties. In addition to prime Oxford Street assets, the portfolio includes the Manchester Royal Exchange, which includes over 80,000 square feet of retail and leisure space, prime outlets in the heart of Glasgow and Edinburgh, and a shopping center in Livingston.
“We have a strong appetite across our growing discretionary funds for UK real estate. We are expanding the portfolio across all sectors including industrial and logistics, office, prime, well-located retail properties and student housing. We are also exploring other forms of residential as both a developer and investor. We have executed some significant transactions recently and look forward to further growing our portfolio throughout the coming year," said Ross Blair, senior managing director and Head of Hines UK. “Jake and Emme’s promotions are richly deserved and are in keeping with Hines’ philosophy of recognizing and rewarding talent within the business and providing an environment in which to grow a career and fulfill their ambitions.”
The UK Hines team is currently active in the office, retail, student housing and logistics sectors, managing a combined UK property portfolio worth more than £2bn and located in London and key regional cities.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 219 cities in 23 countries. Hines has approximately $124.3 billion of assets under management, including $63.8 billion for which Hines provides fiduciary investment management services, and $60.5 billion for which Hines provides third-party property-level services. The firm has 148 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,362 properties, totaling over 449 million square feet. The firm’s current property and asset management portfolio includes 514 properties, representing over 222 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.comfor more information.
Since entering Europe in 1991, Hines has grown its European platform to include offices in 16 cities as well as a presence in 47 cities in 12 countries, with €18.2 billion of assets under management in Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Poland, Spain and the United Kingdom.