H.I.G. Capital backs Greek property developer

H.I.G. Capital announced that one of its affiliates has recently provided debt and equity financing to Dimand SA, an Athens-based property and development company.

Terms of the deal were not disclosed, but officials said that the funds will be used to finalize officer and hotel developments in Athens.

With $35 billion in alternative investment capital, H.I.G. has continued to add to its sizeable holding of real estate assets across Europe, consisting of both equity as well as debt investments – focusing on its target market of value-add small and mid . . .

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