H.I.G. Realty Expands Investment in Last-Mile Logistics Portfolio in France
- Editor
- 6 days ago
- 1 min read
Whats Happening:
H.I.G. Capital, a global alternative investment firm, has announced that its affiliate has acquired a strategically located logistics portfolio in France's two largest metropolitan areas, Paris and Lyon. The portfolio consists of two fully leased logistics assets comprising six properties and approximately 50,000 sqm of logistics space, with potential for capital improvements to meet grade-A standards.
Key Moves:
H.I.G. Capital's affiliate acquires logistics portfolio in Paris and Lyon
Portfolio includes two fully leased assets with six properties
Assets offer potential for capital improvements to meet grade-A standards
By The Numbers:
H.I.G. Capital has $68 billion of capital under management
Acquired portfolio comprises approximately 50,000 sqm of logistics space
H.I.G. has invested in and managed more than 400 companies worldwide
Key Quotes:
"We are excited to further strengthen H.I.G. Realty's logistics presence in France with the addition of these key assets in Paris and Lyon," - Riccardo Dallolio, Managing Director and Head of H.I.G. Realty in Europe
"Last-mile logistics remains one of the most resilient and attractive asset classes, particularly in supply-constrained markets such as Paris and Lyon," - Jérôme Fouillé, Managing Director at H.I.G. Realty
"We continue to seek additional opportunities to expand our logistics platform in France." - Jérôme Fouillé, Managing Director at H.I.G. Realty
Bottom Line:
H.I.G. Capital's acquisition of strategic logistics assets in Paris and Lyon demonstrates the fund's commitment to expanding its urban logistics platform in France. This investment aligns with H.I.G.'s strategy of acquiring well-located properties in supply-constrained markets, capitalizing on the resilience and attractiveness of the last-mile logistics sector.
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