Hines reorganises: Italy under the leadership of Vanessa Gelado and Raoul Ravara

Hines today announced the implementation of a new regional operating model for its European platform to address the need for greater integration and coordination of European markets. This structure strengthens Hines' national management teams while introducing three regional markets, designed to improve coordination, consistency and speed of execution across fourteen European countries. The reorganisation of the group's European platform, aimed at a more integrated management of regional markets, also includes the farewell to Hines, after a 16-year internal career, of Mario Abbadessa, where he held the role of senior managing director and country head for Italy to coordinate the government's Piano Casa. For Italy, the role of senior managing director is expected to be taken over by Raoul Ravara.

The three newly appointed senior managing directors who will coordinate the structure are: Alexander Moell, who expands his mandate by adding the Netherlands and Nordic countries, in addition to Germany, Poland and the Czech Republic; Ross Blair, who adds France, in addition to his UK and Ireland mandate; and Vanessa Gelado, who adds Italy and Greece to her current portfolio of Spain and Portugal.

This regional operating model reflects Hines' evolution into a fully integrated global investment manager, while maintaining its established local presence and market relationships in each country. Investors and partners will benefit from a more predictable and regionally coordinated interface, while occupiers and tenants will receive impeccable service on multinational European portfolios. Hines' local teams will be able to draw more effectively on shared expertise in development, asset management, sustainability and technical disciplines, while preserving market-specific skills.

"This evolution," emphasised Lars Huber, Head of Europe at Hines, "ensures that our European platform is well positioned for continued strong growth in line with the complexity and needs of our clients. Bringing our local teams closer together strengthens collaboration across markets and maximises impact, keeping decision-making focused on the most important assets and relationships. These changes put the best of Hines at the heart of everything we do".

"We see," added Steve Luthman, Global Head of Real Estate at Hines, "tremendous opportunities in Europe in the next market cycle and the ability to deliver results at scale, through our high conviction investment themes and through acquisition, construction and management strategies, will be critical to maximising value for our clients, investors, partners and customers.