H.I.G. Capital acquires residential assets in Lisbon
H.I.G. Capital has recently completed the acquisition through multiple transactions of three residential buildings located within central Lisbon.
H.I.G. continues to add to its sizable holdings 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, said, “We see significant opportunities in the Lisbon residential sector to expand this platform. Our focus in Portugal is on refurbishing assets in prime locations to meet the local and international demand for residential units”.
Esteban Caja Samboal, principal at H.I.G. Europe Realty Partners in Madrid, added, “The Lisbon residential sector is benefiting from a unique combination of structural change and favorable supply/demand fundamentals. H.I.G. has extensive experience in operationally intensive sect