H.I.G Capital buys apartment complex in Spain

H.I.G Capital buys apartment complex in Spain

Published at: 2017-01-30 09:56 | Author: CIJ Journal
An affiliate of H.I.G. Capital bought the Valle Romano apartment complex in Estepona, southern Spain. The transaction includes 430 apartments as well as swimming pools, a gym, restaurants and paddleball courts. The cost was not disclosed. “This is our seventh investment in Spain in the past three years. Spain represents an important part of our European strategy, and we continue to seek additional small and mid-cap, value-add, investment opportunities to increase H.I.G.'s presence on this market,” said Riccardo Dallolio, managing director at H.I.G. in London.

Similar Stories:

Da Vinci Residence rebranded to Delta City
Eden Capital Development took over Da Vinci Residence in Bucharest and renamed the project  »
Sekyra Group goes public with Rohansky Island and Smichov schemes
Sekyra Group unveiled its plans for Rohansky island in Prague 8 to the west of the Invalid  »
Residential developers buying existing buildings to get at Prague land
The Prague edition of Denik.cz reports that the appetite of residential developers in the  »
Czech mortgage volumes down 20% thru September
The Czech mortgage market is crashing and it's not a problem that lower interest rate  »
Where do you see your company going over the next two years? Since I became GM of the co   »
Construction has begun on Bispevika, a brownfield project along Oslo’s waterfront that   »
PSN has sold 350,000 sqm of land to the dominant Czech residential developer Central Group   »
Investors from China, Russia and other countries are leading a growing influx of foreign f   »