H.I.G. Capital has acquired four logistics and light industrial properties in Norway.
The portfolio comprises approximately 25,000 square meters (269,000 square feet) of built area across 110,000 square meters (1.18 million square feet) of land and benefits from strong tenant demand; flexible building configurations, including warm and covered storage; cross-dock potential; and excellent motorway connectivity. H.I.G. intends to implement a focused value enhancement strategy across the portfolio, combining operational improvements with selective capital investments to upgrade building specifications, enhance site efficiency, stabilize occupancy and unlock additional development potential permitted under existing zoning. These assets will also undergo a comprehensive ESG improvement program encompassing rooftop solar readiness, LED lighting upgrades, and the installation of electric vehicle charging infrastructure for both passenger and heavy goods vehicles.
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