H.I.G. Capital has acquired a strategically located logistics portfolio in France's two largest metropolitan areas, Paris and Lyon.
The two fully leased logistics assets are situated in prime locations and offer direct access to major highways and airports. Combined, the two assets comprise six properties and approximately 50,000 square meters (538,200 square feet) of logistics space, with significant potential for capital improvements and market positioning to meet class A standards.
“This investment aligns with our strategy of acquiring well-located properties that support the long-term expansion of our urban logistics platform,” said Riccardo Dallolio, managing director and head of H.I.G. Realty in Europe.
Jérôme Fouillé, managing director at H.I.G. Realty, added, “Last-mile logistics remains one of the most resilient and attractive asset classes, particularly in supply-constrained markets such as Paris and Lyon. This acquisition reinforces our confi