#H.I.G. Capital #London #United Kingdom #HUB Residential

H.I.G. Realty's Strategic Move in London's Real Estate

H.I.G. Capital, a prominent global alternative investment firm with an impressive $66 billion in capital under management, has recently announced a notable investment. One of its subsidiaries has engaged in a significant off-market transaction to acquire a strategically located land parcel in Southwark, London. This marks the second joint venture with HUB Residential, a leading UK property developer.

The recent acquisition encompasses the latest component of a large-scale, 10-acre redevelopment initiative located in Elephant Park. This collaborative project has already succeeded in delivering nearly 3,000 affordable housing units, designed for both rental and sale, along with a newly completed two-acre public park that features natural stone play areas, fountains, and a net-zero heating network for the burgeoning residential community.

Upon full completion, this site is poised to offer a sustainable, mixed-use development, managed by professionals and boasting world-class amenities, strong ESG credentials, and much-needed affordable housing for the community. Riccardo Dallolio, the Managing Director and head of H.I.G. Realty in Europe, expressed confidence in the London residential market, stating, "The London residential market continues to thrive based on solid fundamentals. We are committed to scaling this platform and are proud to invest in premium locations that provide both private and affordable housing for the city."

Stelios Theodosiou, also a Managing Director at H.I.G. Realty in Europe, added, "This transaction once again solidifies our belief in the London residential sector and our expertise in finding and executing off-market opportunities. We are excited to collaborate with HUB Residential once more to expand our residential platform in a location that already boasts significant amenities and a robust community offering."

About H.I.G. Capital

Founded in 1993, H.I.G. Capital has established itself as a leading global firm focused on alternative investments, with an impressive track record of managing over $66 billion in capital. Headquartered in Miami, the firm has multiple offices across the United States, including locations in Atlanta, Boston, Chicago, Dallas, Los Angeles, New York, and San Francisco, in addition to international offices in key cities such as Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, Dubai, and Hong Kong.

H.I.G. specializes in providing both debt and equity capital to middle-market companies, employing an operational and value-added approach. Their equity funds invest in acquisitions, recapitalizations, and divestitures, both in profitable and underperforming manufacturing and service companies. H.I.G.'s debt funds focus on senior, unitranche, and subordinated debt financing across a diverse range of company sizes in both primary (direct origination) and secondary markets. The firm also manages a publicly-traded BDC named WhiteHorse Finance and has a dedicated real estate division that invests in undervalued properties capable of benefiting from enhanced asset management practices. Furthermore, H.I.G. Infrastructure focuses on value-added investments in the infrastructure sector.

Since its inception, H.I.G. has invested in over 400 companies globally and currently manages a portfolio of more than 100 companies collectively generating over $53 billion in sales. For further details, please visit H.I.G. Capital’s website at hig.com.

This latest investment by H.I.G. Realty underlines the firm’s continued commitment to enhancing the residential landscape in London, aiming to create a vibrant community that meets the growing demand for affordable housing in the city. As they partner with reputable developers and leverage their market expertise, investors and stakeholders alike can expect to see significant developments on the horizon in one of the world’s most dynamic real estate markets.