17:21 uur 21-03-2017

H.I.G. Capital verkoopt portefeuille met Nederlands licht-industrieel vastgoed

LONDEN–(BUSINESS WIRE)– H.I.G. Capital, LLC (“H.I.G.”), een toonaangevende participatiemaatschappij en alternatieve investeerder met meer dan 20 miljard euro aan privévermogen onder beheer, heeft vandaag bekendgemaakt dat een van zijn zusterondernemingen de verkoop van een portefeuille met licht-industrieel vastgoed aan vastgoedfondsen van Blackstone heeft afgerond. De portefeuille bestaat uit 26 onroerende goederen voor meerdere huurders met een totaaloppervlak van 264.000 vierkante meter. De financiële details van de verkoop zijn niet bekendgemaakt.

H.I.G. kocht de portefeuille, die voornamelijk uit hoogrenderend industrieel vastgoed in Nederland bestaat, tussen 2013 en 2014 in drie tranches.

Algemeen directeur van  H.I.G. Realty Partners Riccardo Dallolio zei: “Deze transactie is een goed voorbeeld van de waardeverhogende werkwijze van H.I.G., die wederom heeft geleid tot een uitkomst met uitstekende resultaten voor H.I.G. en zijn investeerders.”

 

H.I.G. Capital Announces the Sale of a Portfolio of Light Industrial Multi-let Properties in the Netherlands

LONDON–(BUSINESS WIRE)– H.I.G. Capital, LLC (“H.I.G.”), a leading global private equity and alternative asset investment firm with more than €20 billion of equity capital under management, announced today that one of its affiliates has completed the sale of a portfolio of 26 light industrial multi-let properties with a total size of 264,000 sqm to real estate funds managed by Blackstone. Financial terms were not disclosed.

H.I.G. purchased the portfolio in 3 tranches in 2013 and 2014, which consisted primarily of high yielding multi-let industrial assets in the Netherlands.

Riccardo Dallolio, Managing Director at H.I.G. Realty Partners in London, commented: “This transaction is a great example of H.I.G.’s value-added approach and has resulted in another exit with an excellent outcome for H.I.G and its investors.”

Sanjoy Chattopadhyay, Principal at H.I.G. Realty Partners in London added: “H.I.G. purchased undermanaged assets, and through a series of targeted asset management initiatives and an aggregation strategy, we have built a high-quality portfolio with critical mass, which was successfully sold to a strategic buyer.”

About H.I.G. Capital

H.I.G. is a leading global private equity and alternative assets investment firm with more than €20 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Mexico City and Rio de Janeiro, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach:

1. H.I.G. Capital’s equity funds invest in management buyouts, recapitalisations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.

2. H.I.G. Capital’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. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.

3. H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.

Since its founding in 1993, H.I.G. has invested in and managed more than 200 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of €28 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.

* Based on total capital commitments managed by H.I.G. Capital and affiliates.

Contacts

H.I.G. Capital
Riccardo Dallolio, +44 (0) 207 318 5700
Managing Director
rdallolio@higcapital.com

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