H.I.G. Capital has expanded its footprint in France’s high-demand logistics sector, acquiring eight fully let assets in two separate off-market transactions. The deals were made through an affiliate of the global alternative investment firm, bringing its total French logistics portfolio to 14 assets and over 70,000 m² of space.
Strategically located along the country’s Logistics Backbone and the Atlantic Arc, the newly acquired properties offer immediate access to key urban hubs and arterial transport routes. The sites cater to the booming last-mile and regional distribution sectors, which continue to see surging demand across France’s constrained logistics corridors.
“The addition of these eight assets in France marks a significant step in the expansion of H.I.G. Realty’s European logistics portfolio,” said Riccardo Dallolio, Managing Director and Head of H.I.G. Realty in Europe. “This investment reinforces our commitment to acquiring well-located, high-quality properties in supply-constrained urban and peri-urban areas, which are critical to the evolving needs of last-mile and regional distribution networks.”
“We continue to see strong fundamentals and long-term growth potential in last-mile and regional logistics, particularly in France’s key corridors where supply remains tight,” added Jérôme Fouillé, Managing Director at H.I.G. Realty in Europe. “These acquisitions reflect our conviction in the sector and our ambition to establish a leading logistics portfolio, spanning the country’s most dynamic and strategic locations. We remain focused on identifying additional opportunities to grow our presence in these high-barrier markets.”
Beyond the immediate rental yield, H.I.G. sees significant upside in capital upgrades and repositioning. Investors and developers will note the potential to reposition these assets to meet grade-A environmental and operational standards, aligning with France’s tightening ESG regulations and the growing demand from corporate tenants for sustainable logistics hubs. These improvements can unlock additional rental growth and long-term value appreciation.
The logistics sector in France continues to benefit from growing e-commerce penetration and a shortage of modern, well-situated warehouses. These dynamics, paired with urban expansion and increasing pressure on delivery timelines, have made last-mile assets a hot commodity. The acquisitions reaffirm H.I.G. Capital's strategy of targeting value-add investments with scalable long-term returns across Europe’s core logistics corridors.
People mentioned:
Riccardo Dallolio – Managing Director and Head of H.I.G. Realty in Europe
Jérôme Fouillé – Managing Director, H.I.G. Realty in Europe
Companies mentioned:
H.I.G. Capital – Global alternative investment firm and parent of H.I.G. Realty
H.I.G. Realty – Real estate investment division of H.I.G. Capital
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