(NEW YORK) – Hines, the global real estate firm, today announced the creation of a Global Digital Strategy Office (GDSO) and the promotion of three leaders to establish the department. The GDSO will be led by Ilene Goldfine who has been promoted to chief digital strategy officer from senior vice president, business technology, Jeannie Schneider who has been promoted to chief technology officer from senior vice president, IT, and Adam Hastings who has been promoted to chief data officer from senior managing director, corporate analytics.
The new office will focus on:
- Leveraging technology and robust global data sets to make better decisions for the firm’s investors and clients.
- Providing enhanced client services, such as implementing a “smart building” strategy, to digitize the real estate ecosystem.
- Tracking relevant data to guide the firm in reaching its strategic ESG objectives.
“We’re equipping our teams with the best technology, data, and tools to make decisions for our investors, partners and clients based on credible insights,” said Goldfine. “The data available at Hines is unique because we sit in every seat as an investor, developer, and manager and leverage our diverse global data set to make more informed decisions and deliver greater value to our stakeholders.”
“Ilene, Jeannie, and Adam have introduced new technologies and transformed the way our entire company uses data, effectively improving our internal processes for greater outcomes. By establishing this new office, the combined team can now better anticipate and plan for the disruptions and opportunities that technology brings to real estate and investing,” said Jeff Hines, co-CEO and chairman of Hines.
The GDSO was formed after seeing some of the group’s early successes, such as the creation of a global data warehouse which has integrated a substantial number of previous disparate and siloed sources of information, allowing them to be leveraged together. The GDSO also built an application to streamline the firm’s investment committee process, which supported the launch of Hines’ new flagship funds in Asia, Europe, and the U.S. This amalgamation of data has also resulted in even better investor transparency, which has attracted new, global investors into the company’s suite of funds.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 285 cities in 28 countries. Hines oversees investment assets under management totaling approximately $90.3 billion¹. In addition, Hines provides third-party property-level services to 373 properties totaling 114.2 million square feet. Historically, Hines has developed, redeveloped or acquired approximately 1,530 properties, totaling over 511 million square feet. The firm currently has more than 198 developments underway around the world. With extensive experience in investments across the risk spectrum and all property types, and a foundational commitment to ESG, Hines is one of the largest and most-respected real estate organizations in the world.
¹Includes both the global Hines organization as well as RIA AUM as of December 31, 2021.