H.I.G. Capital Announces the Sale of a Portfolio of Light Industrial Multi-let Properties in the Netherlands

LONDON, Mar 21, 2017 (BUSINESS WIRE) —
H.I.G. Capital, LLC (“H.I.G.”), a leading global private equity and
alternative asset investment firm with more than €20 billion of equity
capital under management, announced today that one of its affiliates has
completed the sale of a portfolio of 26 light industrial multi-let
properties with a total size of 264,000 sqm to real estate funds managed
by Blackstone. Financial terms were not disclosed.

H.I.G. purchased the portfolio in 3 tranches in 2013 and 2014, which
consisted primarily of high yielding multi-let industrial assets in the

Riccardo Dallolio, Managing Director at H.I.G. Realty Partners in
London, commented: “This transaction is a great example of H.I.G.’s
value-added approach and…

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