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Hines hires BlackRock veteran to lead European flagship core-plus fund - Institutional Real Estate, Inc.

Reported by Irei
Mar 2, 2026· 2 min read
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Key Takeaways
  • • Hines has appointed Tatiana Tezel as fund manager of Hines European Property Partners (HEPP), the firm's flagship European core-plus fund, effective March 2, 2026.
  • • Tezel joins from BlackRock, where she was managing director and co-portfolio manager of the Europe Property Fund VI, with responsibility for strategy, capital formation, deployment and portfolio performance.
  • • Tezel brings nearly two decades of European real estate investment experience across logistics, living, office, retail, data centers and hospitality.
  • • Her mandate centers on capital formation and strategic deployment across Europe as HEPP enters its next phase of growth.
Summary
Hines has appointed Tatiana Tezel as fund manager for Hines European Property Partners (HEPP), the firm's flagship European core-plus fund, according to the firm's announcement reported by Institutional Real Estate, Inc. The appointment took effect March 2, 2026. Tezel will lead the next phase of HEPP's growth, with a focus on capital formation and strategic deployment across Europe's markets.

Tezel is based in London and joins Hines from BlackRock, where she served as managing director and co-portfolio manager of the Europe Property Fund VI. In that role she held responsibility for fund strategy, capital formation, capital deployment and portfolio performance across the platform. One trade description notes she spent 12 years at BlackRock.

Tezel brings nearly two decades of European real estate investment experience, with cross-sector expertise spanning logistics, living, office, retail, data centers and hospitality. Hines, described as a leading global real estate investment manager headquartered in Houston, is positioning the appointment as a strengthening of leadership for its core-plus strategy in Europe.

The announcement does not disclose HEPP's current fund size or fundraising targets. Related coverage references a separate Hines European fund vehicle, but the sources reviewed do not tie specific capital figures to this leadership change.

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Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Irei Hines hires BlackRock veteran to lead European flagship core-plus fund - Institutional Real Estate, Inc.