One of the world’s largest real estate developers, Hines Global Real Estate, is using mass timber to de-risk its portfolio – turning away from mega steel and concrete-based projects to build faster and leaner timber builds. Hines has developed, redeveloped, or acquired more than 1,700 buildings across 30 countries, with more than 150 buildings under construction. Through its Timber, Transit, Technology (T3) portfolio—covered by Wood Central last week—it preaches the benefits of mass timber and offsite manufacturing to build the next generation of A-grade commercial assets. “It is quite amazing what they are doing for mass timber and offsite manufacturing adoption, not just in North America, but across the Asia-Pacific region,” said Andrew Dunn Timber Development Association (Australia) CEO. …The push by Hines to embrace the T3 model came after it found that older timber-based industrial buildings consistently kept their tenants, even with poor amenities. …Mr Dunn, who also attended last year’s conference said the similar Melbourne-based event [Timber Construct 2024] will occur August 12-13.
Related coverage from Wood Central on the Portland Mass Timber Conference: