Miami-based private equity player HIG Capital has purchased an office asset in central Oslo, Norway via one of its affiliates.
The terms of the deal for the 21,200 m2 office were not disclosed.
'This is our fourth investment in Norway, and our first investment in the Norwegian office market. The Nordic real estate market represents an important part of our European strategy and we continue to actively look at opportunities in the small/midcap sector in the region,' commented Riccardo Dallolio, managing director at HIG in London.
HIG's real estate assets in Europe currently consist of both equity and debt investments.
The group has more than €20 bn of equity capital under management worldwide.
