David Steinbach has been appointed as the chief investment officer of Hines Global REIT.
Since joining Hines in 1999, Steinbach has been responsible for the acquisition of more than USD3 billion in assets for various Hines affiliates in the US and internationally.
Prior to this role he served in various roles in which he was responsible for acquisitions, asset management and property dispositions on behalf of Hines Real Estate Investment Trust, Hines Global REIT and Hines US Core Office Fund, both in the US and internationally.
"David has been an integral part of the Hines Global REIT management team since its inception and is well-suited to lead our investment activities going forward," says Sherri Schugart, president and chief executive officer of Hines Global REIT. "David will be leading a very talented and tenured team, including Managing Directors Ken Jett, Kenton McKeehan and Blake Williams, all of whom have been key participants in assembling Hines Global REIT's outstanding real estate portfolio totalling investments in excess of USD4.0 billion."