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Coronavirus Stalls Hines Global REIT's $4.3 Billion Property Sales Plan

Houston Developer's Affiliate Faces IRS Deadline to Sell Eight US, UK, Poland and Russia Properties
The Rim shopping center in San Antonio is among Hines Global REIT's properties that are remaining to be sold. (CoStar)
The Rim shopping center in San Antonio is among Hines Global REIT's properties that are remaining to be sold. (CoStar)
CoStar News
April 6, 2020 | 11:22 P.M.

Hines Global REIT, set to complete a $4.3 billion worldwide property liquidation plan by July, now sees that time frame in doubt as the coronavirus pandemic disrupts investment markets.

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