H.I.G. Capital (“H.I.G.”), a leading global investment firm, announced today that its affiliate has reached an agreement with the shareholders of Finangeste, a Portuguese asset manager, to acquire two real estate-based portfolios. The portfolios are comprised of 77 real estate assets and 114 secured loans with a face value of over €110 mln.
The transaction represents H.I.G.’s 21st real estate investment in Europe since the beginning of 2013. H.I.G. continues to add to its sizeable portfolio of real estate assets in Europe, especially in its target market of small/midcap opportunities with a meaningful value-added component.
Resource: H.I.G. Capital
