#H.I.G. Capital #Cambridge #United Kingdom #Radio House #St. Andrew's House

H.I.G. Realty Expands Footprint in Cambridge with Major Acquisition

H.I.G. Capital, an esteemed global investment firm managing approximately $67 billion in assets, recently announced its acquisition of two significant properties, Radio House and St. Andrew's House, located in the vibrant city of Cambridge, U.K. This acquisition represents a strategic move into one of Europe's most renowned Tech and Life Sciences hubs.

Overview of the Properties

Spanning a combined area of 85,000 square feet, the newly acquired campus is purpose-built to host technology and innovation-focused enterprises. The campus, rated 'Excellent' by BREEAM, aligns perfectly with H.I.G.'s investment strategy of focusing on high-growth sectors, particularly in the burgeoning Life Sciences market.

The choice of Cambridge is particularly astute, as the city boasts a rich ecosystem of research and innovation, underscored by the presence of numerous academic institutions and startups. This enables RHSAH (Radio House and St. Andrew's House) to cater to the high demand for quality office solutions among research-led companies.

Future Prospects and Strategic Intent

Riccardo Dallolio, Managing Director and head of H.I.G. Realty in Europe, articulated the firm's enthusiasm about the acquisition. He noted, "RHSAH represents a significant step in our strategy to invest in high-growth sectors in Europe. We are committed to investing in high-quality locations and contributing to the thriving Life Science market in Cambridge."

Similarly, Jérôme Fouillé, another Managing Director at H.I.G. Realty, expressed optimism about the investment, highlighting that it aligns well with their objective of delivering premium real estate to key research-led organizations throughout the U.K.

The Strategic Importance of the Acquisition

The acquisition of these properties could serve as a catalyst for H.I.G. to spearhead the development of an innovative Life Sciences campus right in the heart of Cambridge. With a clear imbalance of supply and demand in the local real estate market, RHSAH is poised to leverage potential value creation opportunities.

The vibrant ecosystem surrounding Cambridge not only fosters academic brilliance; it also provides numerous avenues for collaboration among startups, corporations, investors, and research institutions. This symbiotic relationship is vital for boosting innovation and economic growth in the region.

H.I.G. Capital's Role in the Market

Founded in 1993, H.I.G. Capital has strategically invested in and managed over 400 companies globally. With a focus on middle-market companies through various fund types, like equity and debt, their expertise spans multiple sectors including real estate, infrastructure, and healthcare. This acquisition marks yet another significant milestone in their overarching growth strategy.

As a flexible investment vehicle, H.I.G.'s funds are designed to adapt to market conditions and capitalize on emerging trends. Their focus on managing both profitable and underperforming businesses positions H.I.G. ahead of the curve in realizing substantial returns on investment.

Conclusion

The acquisition of Radio House and St. Andrew's House not only enhances H.I.G. Realty's footprint in the Life Sciences sector but also signals a robust commitment to enriching the Cambridge innovation landscape. As the city solidifies its status as a premier hub for technology and research, H.I.G. Capital is poised to significantly contribute to the ongoing evolution of this dynamic ecosystem.