Lars Huber has become the sole chief executive of Hines Europe and will join the executive committee this month.
The position had been shared over the past year by Huber and Michael Topham, who previously held the role for 26 years in Europe and before that, the Hines Midwest region.
Topham will remain with Hines, where he has more than 40 years’ experience, as a senior development advisor in London.
Huber joined Hines in Berlin in 1996 and later headed the firm’s Munich office until 2004.
In 2005, he relocated to London as fund manager for the Hines European Value Added Fund, before joining the Hines Capital Markets Group in 2007.
In 2010, Huber became chief financial officer of Hines Europe, and co-chief executive in January 2016 with joint responsibility for all development activity, acquisitions and operations in the region. Huber has contributed more than $18bn of investments in Europe.
Hines president and chief executive Jeff Hines said: “Lars has created significant value for Hines and our investors in his two-decade career with the firm and will continue to be an excellent leader for our European region as it grows. Geographic and product type diversity across Europe is an important link in our global strategy.”
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