#H.I.G. Capital #Cambridge #United Kingdom #Radio House

H.I.G. Realty Expands Investment Portfolio with New Acquisition

H.I.G. Capital, renowned as a leading global alternative investment firm managing $67 billion in assets, has announced a significant step in its expansion strategy. The firm has acquired Radio House and St. Andrew's House, collectively known as RHSAH, located in the heart of Cambridge, UK. This campus, covering an impressive 85,000 square feet, is designed for technology-driven businesses and is poised to play a critical role in the flourishing life sciences sector of the region.

This latest acquisition is more than just a property investment for H.I.G. It signifies a strategic move to enhance their presence in a market characterized by a mismatch between real estate supply and the burgeoning demand driven by a concentration of world-class research institutes in Cambridge. With Cambridge being Europe's primary hub for technology and life sciences, RHSAH offers promising avenues for generating revenue and fostering innovation.

The importance of this acquisition is highlighted by comments from key H.I.G. executives. Riccardo Dallolio, CEO of H.I.G. Realty in Europe, noted, "RHSAH marks a pivotal moment in our investment strategy focused on high-growth sectors in Europe. Our commitment to quality locations aligns with the burgeoning life sciences market in Cambridge."

Jérôme Fouillé, another senior executive in H.I.G. Realty, expressed enthusiasm over the acquisition, stating that it perfectly aligns with their strategy to provide high-quality real estate to research-oriented businesses in key locations throughout the UK. This strategic alignment is anticipated to enhance not only H.I.G.'s investment portfolio but also to support the ongoing success of the life sciences sector in Cambridge.

The RHSAH campus boasts an 'Excellent' rating from the BREEAM, which emphasizes its commitment to sustainability and innovation. As H.I.G. positions itself to improve and upgrade the facilities, it aims to create a world-class innovation hub that attracts top talent and drives scientific advancements. The organization's substantial resources and expertise will be pivotal in navigating the complexities of real estate management within this specific sector.

Since its inception in 1993, H.I.G. has developed a portfolio that spans more than 400 companies worldwide, showcasing its robust investment capability. The current portfolio boasts revenues exceeding $53 billion, making H.I.G. a formidable player in the global investment landscape. With this acquisition, H.I.G. adds to its impressive history of successful real estate investments, particularly within the thriving tech and life sciences environment.

Looking Ahead

As H.I.G. Realty moves forward with its acquisition strategy, the firm is positioned to play an integral role in shaping the future of real estate investment in life sciences. The combination of valuable resources, strategic thinking, and commitment to quality will support the development of a vibrant ecosystem in Cambridge, ultimately aiming to foster cutting-edge research and innovation. The firm is excited about the possibilities this venture opens up and looks forward to advancing the life sciences concentration in this historically significant city.

For more information about H.I.G. Capital and their investment strategies, visit hig.com.