#Germany #H.I.G. Capital #Berlin #The Grounds #Berlin Real Estate

H.I.G. Realty's Strategic Investment in The Grounds

In a significant move within the European real estate sector, H.I.G. Capital, a prominent global alternative investment firm boasting $67 billion in managed capital, has announced its acquisition of a majority share in The Grounds Real Estate Development AG. This strategic investment marks an important step for H.I.G. as it seeks to deepen its penetration into the bustling Berlin property market.

A New Era for The Grounds

Founded in 2007, The Grounds has established itself as a key player in Germany's real estate landscape, particularly in the Berlin metropolitan area. The company's portfolio is impressive, featuring a diverse array of residential properties including existing buildings, ongoing projects, and a substantial land bank poised for future development. Over the years, The Grounds has committed to delivering high-quality residences tailored to accommodate the evolving needs of Berlin's population.

With H.I.G.'s latest investment, The Grounds is set to enhance its operational capabilities, expand its existing offerings, and secure sustainable growth in a market that is increasingly demanding higher-quality housing options. This partnership is expected to enable The Grounds to capitalize on attractive acquisition opportunities arising from the ongoing shortage of premium residential units in Berlin.

Insights from H.I.G. Leaders

Riccardo Dallolio, Managing Director and Head of H.I.G. Realty in Europe, noted, "Our investment in TGD and its management team provides us with exceptional access to the German housing market, allowing us to exploit value-enhancement opportunities at a critical juncture in the real estate cycle."

Stelios Theodosiou, also a Managing Director at H.I.G. Realty in Europe, added, "This transaction reinforces our firm belief in the enduring value of the German housing sector. We eagerly anticipate collaborating with TGD's management team to propel our shared vision and harness the long-term potential of the market."

H.I.G. Capital's Global Presence

H.I.G. Capital, headquartered in Miami, operates a robust network of offices across key markets in the United States, including Atlanta, Boston, and Chicago, as well as in major international locales such as Hamburg, London, and Madrid. Since its inception in 1993, H.I.G. has provided both debt and equity capital to middle-market enterprises, employing a dynamic and operationally-focused investment approach.

Their real estate funds specialize in value-added properties capable of benefiting from superior asset management strategies, aligning perfectly with the capabilities of The Grounds. Meanwhile, H.I.G. Infrastructure concentrates on value-creating investments within the infrastructure sector, further diversifying its portfolio.

With a current valuation across over 100 companies generating combined revenues exceeding $53 billion, H.I.G. Capital has a demonstrated track record of investing more than $400 million over its 30 years of operation.

This acquisition is a promising development for both H.I.G. and The Grounds, reinforcing the potential for future growth amidst Berlin's vibrant housing market.

For further details about H.I.G.'s activities and portfolio, please visit their official website at hig.com.