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In light of the pending plan, the Company will cease paying regular quarterly distributions after payment of distributions declared for the second quarter of 2016 and instead expects to make final distributions to its stockholders on or before December 31, 2016.
There can be no assurances regarding the amounts of any distributions or the timing thereof.
With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially.
at 2800 Post Oak Boulevard, Suite 5000, Houston, Texas 77056-6118, Attention: Secretary.About Hines REITHines REIT is a public, non-listed real estate investment trust sponsored by Hines.Hines REIT was formed in August 2003 for the purpose of investing in and owning interests in real estate.The proposed plan of liquidation and dissolution, including the West Coast Asset Sale, will be submitted to the stockholders of the Company for their consideration.In connection with the proposed plan of liquidation and dissolution, including the West Coast Asset Sale, the Company will file a proxy statement with the SEC.