Hines Raises More Than $944 Million for Its European Value Fund
Hines recently completed the acquisition of Købmagergade 44-46/50, a five-story, mixed-use property in central Copenhagen on behalf of its latest Hines European Value Fund. The buildings were formerly owned by The Danish Building and Property Agency (Bygningsstyrelsen) and occupied by University of Copenhagen. The purchase price is $134.5 million.
Developer Hines said it exceeded its original capital raising target by more than 40 percent as major…
