We believe a unique opportunity is taking shape in the European office sector:
Occupier preferences have sharpened. Pricing has become attractive. Fundamentals are showing convincing signs of strength. And a shifting geopolitical landscape has been reframing Europe’s economic priorities, driving investment and reshaping demand patterns.
But these bright spots are inconsistent, with a clear bifurcation emerging between the best and the rest. The proof is in the pricing: there has been a significant divergence between prime and secondary office values, far greater than other sectors.
Explore the factors driving this divergence in the latest paper from Hines Research at the link in our bio.
Supply shocks have given investors the opportunity to see real assets through a new lens and have reshaped the conversations we’ve been having about portfolio construction.
At this year’s @MilkenInstitute Global Conference, our Global Chief Investment Officer David Steinbach joined Romaine Bostick and fellow industry leaders to discuss the forces defining this moment for asset managers.
It’s easy to feel nostalgic when you’re walking through the lobby of Pennzoil Place. When it opened in 1975, it was hailed as the “building of the decade.”
But macro factors have given real estate investors plenty of other reasons to think back to the 70’s. Geopolitical tensions have elevated the risk of energy-driven inflation shocks and central banks face pressure to balance inflation control against financial stability and growth concerns.
Buildings like Pennzoil Place speak to the fact that Hines has been here before. Visit the link in our bio to read our analysis of the implications for pricing and returns if rates repeat a path like the one they took in the 70’s.
These students from @UAustinTX wowed the judges of the 2026 ULI/Gerald D. Hines Student Urban Design Competition.
Now in its 24th year, the competition was endowed by Gerald Hines to encourage a new generation of real estate and urban design leaders to create better communities and tackle big problems through innovation.
This year, the @UrbanLandInstitute challenged contestants to reimagine a former shopping mall as a thriving, mixed-use, mixed-income development. The winning plan, entitled “The GreenLink,” presents a vision where the “wound” left by Austin’s highway I-35 is converted into an urban green belt interwoven with new development to “heal the land, heal the body, and heal the community.”
Join us in congratulating the winners, as well as the runners up from @Columbia , @Harvard and @MIT !
Join us in celebrating recent promotions at Hines, including several new Senior Managing Directors and Managing Directors. At a dynamic moment for our firm and our industry, this next generation of leaders has not only kept up with the shifts but have set new standards and blazed new trails. We’re proud to foster a culture of growth where excellence is recognized and leadership is cultivated at every level.
Want to celebrate a recently-promoted colleague? Shout them out in the comments.
Learn more about careers at Hines at the link in our bio.
Beyond geopolitical tensions and energy shocks, our latest paper draws parallels from the real asset investment landscape of the 1970’s to today. If inflation proves less transitory and monetary policy remains constrained by competing objectives, we believe rates could take a path that would take many investors by surprise.
Read more from David Steinbach and Josh Scoville, CFA at the link in our bio.
Institutional investors have been increasingly focusing on sectors supported by digital infrastructure and demographic demand.
Over the last 18 months, Hines U.S. Property Partners (HUSPP) has deployed over $1B into assets that align with these themes. These include a 167,000 square foot data center in a high barrier coastal market, a multifamily community adjacent to a grocery-anchored retail center, and recently constructed self storage facilities near major metros.
Thanks in part to these high-conviction acquisitions, HUSPP’s gross asset value has grown to more than $3.5 billion as of December 2025. Learn more at the link in our bio.
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As Women’s History Month comes to a close, we reflect on the countless women who have shaped our world through their innovation, leadership, and lasting contributions.
At Hines, this recognition is not just about the past — it’s reflected in the leadership shaping our firm today and the future we’re building.
Over the past month, Hines employees around the world joined together to celebrate the vital role of women throughout history – and within our own firm - through fireside chats, external speakers, and meaningful conversations.
The momentum doesn’t end in March. It’s something we carry forward every day.
Our longstanding relationship with JPMorganChase continues to thrive as we prepare to welcome their New England headquarters to Boston’s @SouthStationTower . As an anchor tenant, they will occupy more than eight floors, accommodating up to 1,000 employees.
With its cutting-edge design, top-class amenities, and transit connectivity, we believe South Station Tower sets a new benchmark. We’re proud to be a force transforming skylines, redefining workspaces, and pioneering innovation in real assets.
Read more at the link in our bio.
The landscape of private markets – and real assets – has been shifting. Investors need to understand how the pieces of their private market allocations fit together at this stage in the cycle.
As Hines Research explains in a new whitepaper, strategies that once provided meaningful tailwinds are beginning to normalize, while others are beginning to emerge from periods of adjustment with stronger forward return potential.
Read more at the link in our bio.
Our employees around the world recently celebrated Lunar New Year with events at our global headquarters at Texas Tower. We brought together employees and neighbors, with the festivities culminating in a traditional Lion Dance in the building's lobby for all to enjoy.
At Hines, people are our greatest assets, and we are proud to honor the cultures that unite us. We wish you all good fortune in the Year of the Horse and a very prosperous 2026!
With an address in Paris’ prestigious 8th arrondissement and strong leasing profile as the Paris headquarters for leading global financial institution Goldman Sachs, 83 Avenue Marceau stands out as a premier investment to us. We’re proud to announce our acquisition of this exceptional property as capital and demand concentrate on a small, elite pool of prime office assets across Europe.
Hines will steward 83 Avenue Marceau with a focus on using the strength of our global platform to drive long-term value through operational excellence. It’s a great example of the kind of properties with strong cash flows that have been driving the burgeoning interest in real assets.
Learn more at the link in our bio.
📸Michel Denancé & Thierry Lewenberg-Sturm
