H.I.G. Realty Expands UK Urban Logistics Platform with New Acquisitions

H.I.G. Capital has announced the acquisition of two logistics estates in Greater London. Located in Erith and Rainham, these properties enhance H.I.G.'s urban logistics platform. The assets, obtained off-market, offer strategic positioning along vital logistics corridors with direct access to Central London. Both sites provide immediate income and value-add potential through upgrades and rental reconfigurations.

The acquisitions were made at a discount, reflecting existing lease structures. H.I.G. aims to unlock value through refurbishment and reconfiguration, aligning with modern logistics demands. With these additions, H.I.G. Realty's platform now exceeds 1.5 million square feet and a GAV of over £300 million.

Riccardo Dallolio, Managing Director at H.I.G., emphasized the growth in urban logistics and the identification of mispriced opportunities. Jérôme Fouillé added that the transactions align with their thematic strategy and commitment to sustainable logistics solutions.