H.I.G. Capital has invested in Madrid Content City, an approximately 140,000m² hub with state of the art audio-visual facilities, including production studios, production & post-production technical facilities, and a university focused on media studies. The company continues to add to its sizeable portfolio of real estate assets across Europe, consisting of both equity as well as debt investments, with a particular focus on its target market of value-added small and midcap opportunities.
Riccardo Dallolio, Managing Director and Head of H.I.G. Europe Realty Partners, commented: “Madrid Content City will benefit from strong secular tailwinds underpinned by the boom in content production. The state-of-the-art studios and related facilities, the exceptional multinational tenant line-up with long term leases, and its critical mass will make it a leading content production hub in continental Europe”.
Esteban Caja Samboal, Principal at H.I.G. Europe Realty Partners in Madrid, added: “This transaction further demonstrates our ability to leverage our strong local network, execution capabilities and invest in an innovative real estate asset class leveraging on H.I.G.’s real estate as well as TMT expertise”.