News Article | 10/7/2014

Ross Perot Jr.’s Hillwood opens new European division with $1B in pocket

Dallas Business Journal: Ross Perot Jr., who owns Hillwood, has entered the European market with the firm’s latest division: Hillwood Europe. The foray was expected as Hillwood sought to expand the Alliance-type model of logistics real estate with direct and indirect investments in real estate in Central and Western Europe. “Unlike most investors recently interested in Europe, this is a long-term commitment based on building our business through acquisitions and development,” Perot said. “We are comfortable doing this one building at a time.” Hillwood expects to invest more than $1 billion over the next three to four years and already has bought existing buildings and development sites in Poland. See full story.