#H.I.G. Capital #London #United Kingdom #Southwark #Elephant Park

H.I.G. Capital Enhances London’s Residential Sector

H.I.G. Capital, a prominent global alternative investment firm boasting $66 billion in capital management, recently made headlines with its acquisition of a strategic plot of land in Southwark, London. This investment marks the firm’s second collaboration with HUB Residential, one of the UK’s leading residential developers, underlining H.I.G.’s commitment to bolstering the housing market in the capital.

The new site is part of a larger 10-acre regeneration project known as Elephant Park, which has already witnessed the construction of approximately 3,000 affordable housing units for rent or sale. Collaborating with global construction and real estate giant Lendlease, along with the Southwark Council, the project not only aims to provide affordable housing but also features a two-acre public park. This park is designed with natural stone playgrounds, water play areas, and a zero-emission heating network that will serve the emerging residential community.

Upon its completion, the site is envisioned to become a professionally managed, mixed-use development that emphasizes sustainability. By integrating high-quality amenities and prioritizing ESG (Environmental, Social, and Governance) standards, the project addresses the pressing need for affordable housing in London.

Riccardo Dallolio, Managing Director and head of H.I.G. Realty in Europe, expressed optimism about the investment, stating, “The London residential market continues to benefit from strong fundamentals. We are committed to developing this platform and are proud to invest in quality sites that provide private and affordable housing in the city.”

Echoing this sentiment, Stelios Theodosiou, General Manager of H.I.G. Realty in Europe, highlighted the firm’s unwavering confidence in the London housing sector. He mentioned how this investment showcases their ability to identify and execute off-market transactions, further solidifying their partnership with HUB Residential in enhancing their living platform at a location with essential community offerings and significant amenities.

H.I.G. Capital, which operates from its base in Miami and across various global offices in cities like London, Hong Kong, and São Paulo, specializes in providing equity and debt capital to mid-sized companies. Since its inception in 1993, the firm has invested in and managed over 400 companies worldwide, currently overseeing a portfolio of more than 100 businesses with cumulative revenues exceeding $53 billion.

This venture into Southwark reflects H.I.G.'s strategic approach to real estate, focusing on value-added investments that not only promise financial returns but also positively impact community living conditions. The collaboration within the Elephant Park initiative underlines H.I.G.'s goal to support affordable housing and foster sustainable urban development in one of the world's most dynamic cities.

As urban areas face increasing demands for housing, such projects by H.I.G. are critical in addressing the scarcity of affordable living options in metropolitan London. Residents can anticipate a thoughtfully designed community that prioritizes convenience and sustainability, embodying the qualities necessary for modern living.