H.I.G. Realty Expands Investment in Living Sector in Central London
2024年7月17日 - 7:00PM
ビジネスワイヤ(英語)
H.I.G. Capital (“H.I.G.”), a leading global alternative
investment firm with $64 billion of capital under management, is
pleased to announce that its newly established Living Platform has
partnered with HUB Residential on a first project near Old Street,
London.
With the London residential market experiencing acute housing
shortages and affordability issues, the emerging of the Living
Sector offers residents a valid alternative to traditional living
options. The properties offer greater flexibility, a more efficient
use of space, and enhanced amenities throughout the buildings.
These amenities include co-working spaces, gyms, and cinema rooms
aimed at creating a strong sense of community.
Riccardo Dallolio, Managing Director and Head of H.I.G. Realty
in Europe, commented: “The London residential market continues to
benefit from strong fundamentals and we believe the Living Sector
will play a key role in centrally located neighbourhoods, such as
Old Street. We believe there is an opportunity to grow this
platform across a number of locations in London.”
Stelios Theodosiou, Managing Director at H.I.G. Realty,
commented: “The transaction demonstrates our ability to identify
secular trends and secure prime locations in the Living Sector.
Sitting in the heart of London’s Technology & Innovation Belt,
this seed asset provides an opportunity to establish an early
presence, in partnership with high-quality partners such as HUB
Residential, in a growing real estate sector.”
About H.I.G. Capital
H.I.G. is a leading global alternative investment firm with $64
billion of capital under management.* Based in Miami, and with
offices in Atlanta, Boston, Chicago, Los Angeles, New York, and San
Francisco in the United States, as well as international affiliate
offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris,
Bogotá, Rio de Janeiro, São Paulo, and Dubai, H.I.G. specializes in
providing both debt and equity capital to mid-sized companies,
utilizing a flexible and operationally focused/value-added
approach:
- H.I.G.’s equity funds invest in management buyouts,
recapitalizations, and corporate carve-outs of both profitable as
well as underperforming manufacturing and service businesses.
- H.I.G.’s debt funds invest in senior, unitranche, and junior
debt financing to companies across the size spectrum, both on a
primary (direct origination) basis, as well as in the secondary
markets. H.I.G. also manages a publicly traded BDC, WhiteHorse
Finance.
- H.I.G.’s real estate funds invest in value-added properties,
which can benefit from improved asset management practices.
- H.I.G. Infrastructure focuses on making value-add and core plus
investments in the infrastructure sector.
Since its founding in 1993, H.I.G. has invested in and managed
more than 400 companies worldwide. The Firm's current portfolio
includes more than 100 companies with combined sales in excess of
$53 billion. For more information, please refer to the H.I.G.
website at hig.com.
*Based on total capital raised by H.I.G. Capital and its
affiliates.
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version on businesswire.com: https://www.businesswire.com/news/home/20240717704964/en/
Riccardo Dallolio Managing Director rdallolio@hig.com
Stelios Theodosiou Managing Director stheodosiou@hig.com
H.I.G. Capital 10 Grosvenor Street 2nd Floor London W1K 4QB
United Kingdom P +44 (0) 207 318 5700 hig.com