H.I.G. Realty Expands in Norway with New Logistics Acquisition

H.I.G. Capital has announced a significant expansion of its European logistics platform with the acquisition of four logistics properties in Norway. The portfolio spans 25,000 sqm across 110,000 sqm of land and features flexible building configurations, strong tenant demand, and excellent motorway access.

The company aims to enhance these assets through operational improvements, capital investments, and a comprehensive ESG program, including solar readiness and electric vehicle charging installations. This acquisition, along with previous investments in the U.K., France, and Southern Europe, positions the portfolio to exceed a value of €1 billion.

Riccardo Dallolio, Managing Director at H.I.G., highlighted the strategic return to Norway, citing the region's supply constraints and opportunities for rental growth. Jérôme Fouillé noted the increasing demand for modern, energy-efficient logistics spaces in Oslo.