#Paris #France #logistics #H.I.G. Realty

H.I.G. Realty Expands Investment in Last-Mile Logistics

H.I.G. Capital, a prominent global alternative investment firm based in Miami and managing $68 billion in capital, has made a substantial stride in its logistics strategy by acquiring a strategically located portfolio in France, specifically in the bustling metropolitan areas of Paris and Lyon. This latest investment comprises two fully leased logistics properties positioned in prime locations that provide direct access to major highways and airports.

The acquired portfolio includes a total of six properties, with a logistics space totaling approximately 50,000 square meters. These sites not only meet the Class A standards but also present significant potential for capital improvements, supporting H.I.G.'s long-term vision for urban logistics.

Riccardo Dallolio, Managing Director and Head of H.I.G. Realty in Europe, expressed enthusiasm for the investment, stating, "We are thrilled to enhance H.I.G. Realty’s logistics footprint in France through these important assets in Paris and Lyon. This investment aligns with our strategy of acquiring well-located properties that support the long-term expansion of our urban logistics platform."

The last-mile logistics sector continues to show resilience and attractiveness, particularly in major markets facing supply constraints like Paris and Lyon. Jérôme Fouillé, the Managing Director at H.I.G. Realty, added, "The last-mile logistics sector remains one of the most resilient and appealing asset classes, especially in markets experiencing supply shortages. This acquisition strengthens our confidence in the strong fundamentals and long-term growth potential of the sector. We continue to seek additional opportunities to expand our logistics platform in France."

H.I.G. Capital, which operates a diverse portfolio of investment strategies, has a rich history that dates back to its founding in 1993. To date, the firm has invested in more than 400 companies worldwide, managing a total of over 100 businesses with a combined revenue exceeding $53 billion. The company specializes in providing debt and equity capital to middle-market companies while employing a flexible operational approach designed to add value.

The firm’s investment funds engage in management buyouts, recapitalizations, and venture investments across various sectors. Their credit funds are actively involved in senior, unitranche, and subordinated financing for businesses of all sizes, presenting both primary and secondary market opportunities. Additionally, H.I.G. Realty focuses on value-added real estate investments, leveraging improved asset management strategies.

As it moves forward, H.I.G. Realty is committed to not only enhancing its portfolio in France but also ensuring that it stays at the forefront of the evolving logistics landscape. This strategic acquisition marks another significant step towards cementing its position as a leader in the last-mile logistics arena, reflecting their ongoing commitment to operational excellence and robust market positioning.

For further information, you can visit H.I.G. Capital's website or reach out to their team.

Contact information:
Riccardo Dallolio, Managing Director
jerome.fouillé@hig.com, +44 (0) 207 318 5700, H.I.G. Capital, 10 Grosvenor Street, 2nd Floor, London W1K 4QB, United Kingdom.