H.I.G. Realty Expands French Logistics Portfolio with Key Acquisitions
Deal News | Dec 04, 2024 | H.I.G. Europe (HIG)
H.I.G. Capital, a leading global alternative investment firm with approximately $66 billion under management, has announced the acquisition of a portfolio of four logistics properties in France. The properties, which serve as last-mile and parcel delivery assets, are located in key logistics hubs such as Toulouse, Bordeaux, Caen, and Rennes. The acquisition aligns with H.I.G.'s strategy to expand its logistics and last-mile platform across Europe. The assets are fully leased to high-quality tenants, including Amazon, XPO, and Kuehne+Nagel. The firm emphasizes this acquisition's role in executing its broader pan-European logistics strategy, taking advantage of the favorable dynamics within the logistics sub-markets that promise rental growth. Moreover, the acquisition underscores H.I.G.'s ability to explore and seize promising investment opportunities in the French market.
Sectors
- Logistics and Transport
- Private Equity and Investment Management
Geography
- France – The transaction mentioned in the article involves properties located in major metropolitan areas in France.
- Europe – H.I.G. Capital's strategy focuses on expanding logistics presence across Europe as highlighted in the article.
Industry
- Logistics and Transport – The article discusses the acquisition of logistics and last-mile delivery assets in France, directly related to the logistics and transport sector.
- Private Equity and Investment Management – H.I.G. Capital is an investment firm involved in asset acquisition, a core activity associated with private equity and investment management.
Financials
- $66 billion – The amount of capital under H.I.G. Capital's management.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| H.I.G. Capital | Acquiring Firm | Company | A global alternative investment firm with $66 billion under management. |
| Riccardo Dallolio | Managing Director and Head of H.I.G. Realty in Europe | Person | Oversees the strategic direction of H.I.G.'s realty operations in Europe. |
| Jrme Fouill | Managing Director at H.I.G. Realty in Europe | Person | Involved in executing the logistics strategy of H.I.G. in Europe. |
| Amazon | Tenant | Company | A multinational technology company focused on e-commerce, cloud computing, and logistics. |
| XPO | Tenant | Company | A leading logistics and supply chain company. |
| Kuehne+Nagel | Tenant | Company | A global transport and logistics company. |