US realty investment firm Hines launches APAC fund with $400m from OTPP arm

US realty investment firm Hines launches APAC fund with $400m from OTPP arm

Gurugram, India. Photo by Alok Sharma on Unsplash.

US-headquartered real estate investment firm Hines has launched a flagship fund for the Asia-Pacific Region, Hines Asia Property Partners (HAPP), with a $400 million investment from Cadillac Fairview, the real estate investment arm of Canada’s largest single pension scheme Ontario Teachers’ Pension Plan.