H.I.G. Capital has completed the acquisition of two prime last-mile, outdoor industrial storage (IOS) and logistics estates in Greater London.
The properties, acquired off-market in Erith and Rainham, are strategically positioned along key logistics corridors with direct access to Central London and major arterial routes. Both sites offer immediate income and substantial value-add potential through targeted repositioning, rental reversion, and environmental, social and governance (ESG)-led upgrades.
Acquired at a material discount to replacement cost, the assets are fully occupied, yet significantly under-rented, reflecting legacy lease structures. H.I.G. plans to unlock embedded upside through a phased refurbishment and reconfiguration strategy, delivering high-spec, sustainable logistics space tailored for last-mile, industrial outdoor storage, and flexible multi-let use occupiers.
Following these transactions, H.I.G. Realty’s U.K. IOS and logistics platform
