H.I.G. Capital, LLC ("H.I.G."), a leading global private equity investment firm with €18bn of equity capital under management, announced today that one of its affiliates has completed an investment in the owner of the “Buonvento” shopping centre in Italy. The shopping centre comprises approximately 20,000m² and tenants include leading international and national retailers. The asset, located in Benevento, is the leading shopping centre in its catchment area.
The transaction represents H.I.G.’s 29th 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: “This is our 6th investment in Italy since 2014. The Italian market represents an important part of our European strategy and we continue to actively look at opportunities in the small/midcap sector in the country across all asset classes and across the capital structure”.
