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Hines raises $625m

The Houston-based firm has raised capital for its open-ended investment vehicle.

Fund name: Hines US Property Partners (open-ended)
Amount raised: $625 million
Launch date: July 2021

Hines raised $625 million for its Hines US Property Partners fund, according to a Form D filed by the firm. Capital raised by the vehicle will be used to invest in core-plus properties throughout the US across diversified sectors.