H.I.G. Capital acquires real estate assets in Italy and Sweden

|© Rawpixel.com

Affiliates of H.I.G. Capital have completed the acquisition of a portfolio of retail assets in Sweden and an office property in Rome, Italy in two separate transactions. These properties add approximately 60,000m2 of office and retail space to the H.I.G. European Real Estate portfolio. Terms were not disclosed.

 

These transactions represent H.I.G.’s 27th and 28th real estate investment in Europe since the start of 2013. H.I.G. continues to add to its sizeable portfolio of real estate assets in Europe, consisting of both equity as well as debt investments, with a particular focus on its target market of value-added small/midcap opportunities.

 

Riccardo Dallolio, managing director at H.I.G. in London commented: “We have now closed our fifth transaction in Italy and our fourth in the Nordics. Both the Italian and the Nordics markets are key for H.I.G.’s real estate strategy in Europe and we continue to actively look at opportunities in the small/midcap sector in both regions”.

Related News