H.I.G. Realty Expands Its Footprint in Last-Mile Logistics in France

H.I.G. Capital, a leading global alternative investment firm managing $66 billion in capital, announced a significant acquisition in France that reflects its expanding influence in the real estate sector. The firm successfully acquired a portfolio comprising four well-located logistics assets specifically catering to last-mile delivery and parcel services. This strategic move underlines H.I.G.'s commitment to enhancing its logistics platform in Europe.

The newly acquired portfolio includes assets situated in major logistics hubs within the prominent metropolitan areas of Toulouse, Bordeaux, Caen, and Rennes. Each property is fully leased to top-tier tenants such as Amazon, XPO Logistics, and Kuehne+Nagel, firms known for their authoritative presence in the logistics and supply chain sectors. Riccardo Dallolio, Managing Director of H.I.G. Realty in Europe, expressed satisfaction regarding the acquisition, stating, "This transaction perfectly aligns with our strategy to grow our last-mile logistics platform in essential locations across Europe. We firmly believe that the high-quality assets included in this portfolio will enable us to capture long-term growth potential in the logistics industry."

H.I.G. Realty's proactive approach towards identifying and seizing investment opportunities in France is evident. Jérôme Fouillé, another key figure in the firm, remarked, "This acquisition demonstrates our capability to identify lucrative investment prospects in France, facilitating the execution of our pan-European logistics strategy. The portfolio is strategically positioned in submarkets experiencing a favorable imbalance between supply and demand, which will continue to drive rental growth."

This latest acquisition is a key step for H.I.G. Realty as it seeks to strengthen its logistical infrastructure across Europe and meet the rising demand for efficient last-mile delivery solutions. The evolution of consumer behavior and the growing e-commerce market are propelling the necessity for reliable logistics networks, making this move crucial. Furthermore, H.I.G.'s existing capabilities in managing and enhancing real estate assets sets a solid foundation for leveraging these new acquisitions. With over 27 years of experience in the private equity market, H.I.G. has successfully invested in and managed more than 400 companies worldwide, showcasing an extensive knowledge of various sectors, including logistics.

The firm specializes in providing flexible debt and equity capital to mid-sized companies, adopting an operational approach aimed at maximizing value creation. The growing portfolio reflects H.I.G.'s strategy not only to expand its presence in the logistics market but also to support businesses that require sophisticated logistical solutions to thrive in a competitive market.

The logistics sector is entering a phase of rapid transformation, characterized by technological advancements and evolving consumer expectations. As H.I.G. Realty integrates these new properties into its operations, it aims to apply its expertise in enhancing operational efficiencies and driving value across all its assets. The company's approach will involve optimizing asset management practices that align with modern logistics demands, emphasizing speed, reliability, and customer satisfaction.

In conclusion, as H.I.G. Realty aims to cement its position in the competitive European market, this strategic acquisition marks a pivotal moment in its journey. With robust assets and reputable tenants already in place, the firm is well-positioned to harness the growth opportunities that the logistics and last-mile delivery sectors will present in the coming years. Investors and stakeholders alike will be keenly watching to see how H.I.G. harnesses its expanding logistics portfolio in the vibrant landscape of France's real estate and logistics industries.