#H.I.G. Capital #logistics #Norway #Oslo

H.I.G. Realty Expands European Logistics Footprint

H.I.G. Capital, a prominent global alternative investment firm managing $70 billion in capital, has made a significant stride in expanding its European logistics and IOS platform. On November 4, 2025, the firm announced the acquisition of four logistics and light-industrial properties located in Norway. This strategic move marks H.I.G.’s re-entry into the Norwegian market, underscoring their commitment to growing their presence in Scandinavia.

The newly acquired portfolio encompasses approximately 25,000 square meters of built space set on a 110,000 square meter lot. One of the critical factors driving this acquisition is the strong demand from prospective tenants. The properties boast versatile building configurations which include heated and covered storage facilities, as well as cross-dock capabilities that facilitate smooth logistical operations. Moreover, the locations feature excellent highway connectivity, making them highly attractive for logistics operations.

H.I.G. plans to implement a targeted value enhancement strategy across the properties, which will involve operational improvements and selective capital investments aimed at elevating building specifications, boosting site efficiency, and optimizing occupancy rates. Part of this strategy includes unlocking additional development potential in line with existing zoning regulations.

A strong emphasis will also be placed on environmental, social, and governance (ESG) initiatives. The properties will undergo substantial energy efficiency upgrades, such as the installation of solar panels on rooftops, LED lighting enhancements, and the implementation of charging infrastructure for both passenger and freight electric vehicles.

Riccardo Dallolio, Managing Director and Head of H.I.G. Realty in Europe, emphasized the strategic significance of this acquisition, saying, "This transaction expands our pan-European logistics footprint into Scandinavia. The portfolio consists of well-located, functional assets in a supply-constrained market, marking our return to the Norwegian industrial and logistics sector after previously selling the Kongsberg Technology Park and Raufoss Industripark."

Jérôme Fouillé, also a Managing Director at H.I.G. Realty, highlighted the acquisition as a unique opportunity. He noted that entering the Norwegian market, regarded as one of the most supply-constrained regions in Europe, is based on the strong fundamentals present in the area. With limited new logistics developments around Oslo and a rising demand from tenants for energy-efficient modern space, H.I.G. Realty sees robust growth prospects for rental increases and long-term value creation.

H.I.G. Capital, which provides both equity and debt to mid-market companies across various sectors, operates from its global headquarters in Miami, with additional offices in major cities like London, Paris, and Madrid. The firm supports over 400 companies worldwide, leveraging its flexible, operationally-focused investment approach to maximize returns for its investors.

This acquisition aligns with H.I.G. Realty's recent IOS investments across the UK, France, and Southern Europe, with expectations for the portfolio to surpass a stabilized value of €1 billion.

With its commitment to innovation, sustainability, and strategic growth, H.I.G. Realty continues to strengthen its position within the European logistics infrastructure. As the firm enhances its operational capacities, it also paves the way for future advancements in sustainable real estate practices that resonate with evolving market demands.