Business Specialties Investments
Hines Sets New Public Offering
July 3, 2008

Hines Real Estate Investment Trust Inc. has announced today that its third public offering was declared effective by the Securities and Exchange Commission on July 1, 2008. Hines REIT has raised over $2 billion in proceeds through its two previous public offerings. The third offering of Hines consists of $3 billion in shares of common stock initially priced at $10.66 per share. The REIT intends to use the proceeds from this offering to continue to invest in office properties.

 
Recent Investments Headlines
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