H.I.G. Capital Expands Prime Living Portfolio in Central London

H.I.G. Capital, a global alternative investment firm, has announced a new acquisition in central London, increasing its Prime Living Portfolio's value to over £1 billion. The firm's affiliate acquired a third asset for its Central London Living Platform through a joint venture with HUB, a UK residential developer.

This acquisition enhances the portfolio, strategically located to benefit from excellent transport connectivity and proximity to major business districts. The newly acquired site in the City of London will be redeveloped to offer a sustainable, living-focused space with top-tier amenities.

The Platform now includes sites like Finsgate House and a location in Elephant and Castle, designed to provide high-quality modern housing, supporting London's workforce and student population. Planning applications have been submitted for these schemes.

Riccardo Dallolio, Managing Director at H.I.G. Realty, emphasized the strategic location and connectivity of the acquisition. Stelios Theodosiou highlighted the firm's ability to source and complete complex transactions swiftly.