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:

Kovanda: Flats in Prague could double in price by 2030
Prague is missing 20,000 flats, writes the economist Lukáš Kovanda, and with 160,000 new  »
Apartment sales start at Jagodno project in Wrocław
Robyg has laid the foundation stone at the Jagodno scheme, going up between Buforowa and K  »
Erbud to start construction on Port Popowice in Wrocław
Erbud is planning to start construction on 144 apartments that will be part of the Port Po  »
Housing prices in Hungary’s Balaton average €3,200 per sqm
Housing prices in Hungary’s Balaton region are on the rise. Apartments along Lake Balato  »
Investors from China, Russia and other countries are leading a growing influx of foreign f   »
Czech Republic  ♦  Round Hill plots European growth
The buildings are located in Helsinki and in regional towns near the south of the country.   »
The 340 apartments, built in a total of nine buildings, have long since sold out as Slovak   »
Emotions are running high on the Romanian residential market where demand is outstripping   »