H.I.G. Realty acquires parcel delivery assets in France
Deal News | Dec 04, 2024 | PR Newswire Cision H.I.G. Capital
H.I.G. Capital, a global leader in alternative investments with $66 billion under management, has recently expanded its portfolio by acquiring four strategically positioned logistics assets in France. These assets, located in prime logistic hubs in Toulouse, Bordeaux, Caen, and Rennes, are fully leased by high-quality tenants such as Amazon, XPO, and Kuehne+Nagel. The acquisitions align with H.I.G.'s strategy to enhance its logistics and last-mile delivery platform across key European locations. Riccardo Dallolio, managing director of H.I.G. Realty in Europe, expressed confidence in the transaction's potential to tap into the long-term growth prospects of the sector. His colleague, Jérôme Fouillé, noted the portfolio's strategic standing within logistics sub-markets characterized by favorable supply-demand dynamics. Headquartered in Miami, with various international offices, H.I.G. Capital specializes in mid-sized company investments, including management buyouts, debt financing, and real estate investments.
Sectors
- Real Estate
- Logistics
- Investment Management
Geography
- France – The logistics assets acquired by H.I.G. are located in France, in cities like Toulouse, Bordeaux, Caen, and Rennes.
- Europe – H.I.G. Realty, managing these investments, has a strategic focus on expanding logistics within key European markets.
Industry
- Real Estate – The acquisition of logistics assets falls within the real estate industry, particularly focusing on logistics and last-mile delivery infrastructure.
- Logistics – The logistics industry is central to the article as it discusses assets related to delivery and last-mile logistics solutions.
- Investment Management – H.I.G. Capital's role as a global investment firm managing private equity funds and real estate investments is relevant to this sector.
Financials
- 66 billion – The total capital under management by H.I.G. Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| H.I.G. Capital | Acquirer | Company | A global leader in alternative investments, managing $66 billion of capital. |
| Amazon | Tenant | Company | An American multinational technology company, known for e-commerce and logistics services. |
| XPO Logistics | Tenant | Company | A global transportation and logistics company, involved in one of the acquired assets. |
| Kuehne+Nagel | Tenant | Company | A global transport and logistics company, also involved in the logistics assets. |
| Riccardo Dallolio | Managing Director | Person | Managing Director and responsible for H.I.G. Realty in Europe. |
| Jérôme Fouillé | Managing Director | Person | Managing Director of H.I.G. Realty in Europe. |