Hines To Exit $2.3B Russia Business As Real Estate Works Through Post-War Breakup
February 8, 2023 | Mike Phillips | Bisnow
Global real estate investment giant Hines is exiting its Russian real estate business, Bisnow can reveal, as international property firms navigate the complicated process of leaving the country following its invasion of Ukraine a year ago.
For the past few months, Hines has been selling assets and beginning the process of dismantling one of the largest international real estate businesses active in Russia.
