Radio House and St. Andrew’s House Acquisition by H.I.G.

In a strategic move, H.I.G. Capital, a global alternative investment firm, has announced the acquisition of Radio House and St. Andrew’s House (RHSAH), a major innovation campus in Cambridge, U.K. Known for its robust alignment with research-led businesses, the 85,000 square foot, two-building complex holds a BREEAM Excellent rating, confirming its high standards in sustainability. Cambridge, recognized as a premier technology and life sciences hub in Europe, faces a supply and demand imbalance in its real estate sector, which H.I.G. aims to capitalize on. The acquisition is framed around creating a world-class facility for tech and life sciences companies, enhancing Cambridge's vibrant research environment. Riccardo Dallolio and Jérôme Fouill, managing directors in H.I.G. Realty, emphasized the acquisition as integral to H.I.G.'s broader European strategy focusing on high-growth sectors. H.I.G., headquartered in Miami with a global network, manages $67 billion in capital and is a major player in areas such as private equity, real estate, and infrastructure.