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H.I.G. Capital completes redevelopment of asset in Mannheim, Germany
Transactions - NOVEMBER 21, 2019

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H.I.G. Capital completes redevelopment of asset in Mannheim, Germany

by Released

H.I.G. Capital has acquired and successfully completed the redevelopment of a mixed-use asset totaling approximately 11,500 square meters (124,000 square feet) in the center of Mannheim, Germany. The asset is now fully pre-let on a long-term basis. Terms were not disclosed.

“This is our third investment in Germany in the last two years, and our focus continues to be on delivering highly liquid institutional products as a result of well executed value-add initiatives,” said Riccardo Dallolio, managing director and head of H.I.G. Realty Partners Europe.

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 focus on its target market of value-added small and midcap opportunities.

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