HIG Realty Expands Life Sciences Property Portfolio in London

LONDON–(BUSINESS WIRE)–HIG Capital, LLC (“HIG”), a leading global alternative investment firm with more than $47 billion in equity under management, today announced that an affiliate has added a additional asset to New Life Realty, HIG’s platform focused on life sciences real estate investments. The property is located in the heart of the Whitechapel Life Sciences cluster and brings New Life Realty to a total value of over £250 million.

Riccardo Dallolio, Managing Director and Head of HIG Europe Realty in London, said: “We are delighted to expand our life sciences portfolio, which benefits from strong fundamentals given the lack of modern space and the exceptional demand tenants. We plan to further expand New Life Realty in the UK as well as across Europe, where key markets are experiencing material shortages of purpose-built laboratory space.

Jérôme Fouille, Managing Director of HIG Europe Realty, added: “With this acquisition, we now have a strong presence in several key life sciences clusters in London. With an established platform in place, we will continue to add strategically located sites to provide superior quality and ESG-secured products for the growing life sciences industry by applying our hands-on, value-added approach.

About HIG Capital

HIG is one of the world’s leading alternative asset investment firms with over $47 billion in equity under management. * Based in Miami and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco and Atlanta in the United States, as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Rio de Janeiro, São Paulo and Bogotá, HIG specializes in providing debt and equity capital to small and medium enterprises, using a flexible and operational value-driven -add-on approach:

  1. HIG’s equity funds invest in management buyouts, recapitalizations and spin-offs of profitable and underperforming manufacturing and service companies.

  2. HIG’s debt funds invest in senior, unitranche and junior debt financing of companies of all sizes, both on a primary (direct origination) basis and in the secondary markets. HIG is also a leading CLO manager, through its WhiteHorse family of vehicles, and operates a publicly traded BDC, WhiteHorse Finance.

  3. HIG’s real estate funds invest in value-added properties, which can benefit from better asset management practices.

  4. HIG Infrastructure is focused on making value-added and more grassroots investments in the infrastructure sector.

Since its inception in 1993, HIG has invested in and managed over 300 companies worldwide. The company’s current portfolio includes more than 100 companies with combined sales exceeding $30 billion. For more information, please visit HIG’s website at www.higcapital.com.

* Based on total capital commitments managed by HIG Capital and its subsidiaries.

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