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Hines has .1 billion of assets under management, including .5 billion for which Hines provides fiduciary investment management services, and .6 billion for which Hines provides third-party property-level services.The firm has 109 developments currently underway around the world.
For additional information about Hines REIT, visit About Hines Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 182 cities in 20 countries.
The Eastdil Secured group of Wells Fargo Securities, LLC acted as financial advisor to Hines REIT on this transaction and Robert A. provided certain financial advisory services to the board of directors in connection with the transaction.
For additional information, please see our 8-K filing dated June 30, 2016 at .
The proposed plan of liquidation and dissolution, including the West Coast Asset Sale, will be submitted to the stockholders of the Company for their consideration.
In connection with the proposed plan of liquidation and dissolution, including the West Coast Asset Sale, the Company will file a proxy statement with the SEC.