H.I.G. Realty Partners with Queen Mary BioEnterprises to Expand Life Sciences Space in London

H.I.G. Capital, a global investment firm managing $67 billion in assets, has announced a strategic partnership with Queen Mary BioEnterprises Innovation Centre (QMB) to develop 40,000 square feet of incubator space at its flagship location in Whitechapel, London. This collaboration, facilitated by H.I.G. Realty and its development partner, Lateral, involves key stakeholders such as Barts Life Sciences, Barts Health NHS Trust, Queen Mary University of London, and the UK Department of Health & Social Care. The project aims to reinforce the Whitechapel Life Science Cluster by enhancing support for life science startups and creating a positive ecosystem for innovative ventures. This effort underscores the importance of fostering high-quality job creation, educational opportunities, and driving scientific advancements. H.I.G. and QMB's initiative leverages their extensive experience to create a nurturing environment for startups, aspiring to generate substantial local community benefits and health advancements.