H.I.G. Realty Expands Last-Mile Logistics Presence in France

In a significant development in the real estate and logistics sector, H.I.G. Realty, a subsidiary of global investment giant H.I.G. Capital, has successfully acquired a portfolio of four strategic last-mile logistics assets located in prominent metropolitan areas of France. This acquisition marks a vital expansion of H.I.G. Realty's operational footprint in Europe, aligning perfectly with its strategic focus on enhancing its logistics platform in key locations across the continent.

The newly acquired portfolio includes properties situated in Toulouse, Bordeaux, Caen, and Rennes—cities known for their vibrant economies and strategic logistical advantages. Each of these assets is fully leased to high-quality tenants, including major industry players such as Amazon, XPO, and Kuehne+Nagel. This diverse tenant base not only underscores the robustness of the investment but also enhances the portfolio’s income stability, making it an attractive addition to H.I.G. Realty's holdings.

Riccardo Dallolio, the Managing Director of H.I.G. Realty in Europe, expressed enthusiasm about the acquisition, stating, "This transaction fits seamlessly into our strategy to expand our last-mile logistics platform in key European markets. We are confident that these high-quality assets will allow us to capitalize on the long-term growth potential of the logistics sector. Our objective is to remain ahead of the curve in this rapidly evolving market."

Further shedding light on the implications of this acquisition, Jérôme Fouillé, another Managing Director at H.I.G. Realty Europe, emphasized the firm's expertise in identifying lucrative investment opportunities. He remarked, "This acquisition is a testament to our capacity to spot and execute on attractive investment prospects in France, while also expanding our pan-European logistics strategy. The portfolio is strategically located in sub-markets where demand is consistently outpacing supply, which bodes well for future rent growth."

The logistics industry is currently undergoing a transformation driven by e-commerce growth, shifting consumer behaviors, and increasing demand for efficient delivery networks. Last-mile logistics is particularly critical in this equation, as it represents the final step in the delivery process, ensuring that goods reach consumers quickly and efficiently. With established tenants and premium locations, H.I.G. Realty's latest assets are well-positioned to thrive in this landscape, offering significant potential for value appreciation in the years to come.

H.I.G. Capital is recognized as a leading alternative investment firm with $66 billion in capital under management. Founded in 1993 and headquartered in Miami, the firm has expanded its global presence, operating across various sectors, including real estate, debt, and infrastructure. H.I.G. Realty’s strategic focus is on acquiring properties that exhibit strong potential for value creation through enhanced asset management practices. The firm’s recent acquisition reinforces its commitment to growing its logistics platform and adapting to the fast-moving trends within the industry.

As demand for efficient logistics solutions continues to expand, H.I.G. Realty's acquisition not only solidifies its position in the French market but also contributes to its broader European strategy, promising exciting opportunities ahead for investors, tenants, and the community alike. With this move, H.I.G. Realty is poised to harness the growth trajectory of last-mile logistics, reflecting its adaptive investment philosophy and long-term vision.