H.I.G. Realty Launches Highground, a €1 Billion German Residential Platform
H.I.G. Capital has established Highground Living, a new German residential development platform valued at €1 billion. The platform consolidates existing investments and new real estate acquisitions.
London – H.I.G. Capital, a global alternative investment firm, has announced that one of its subsidiaries has launched Highground Living, a new residential development platform in Germany with a valuation of €1 billion. The company is headquartered in Berlin.
Highground is formed by consolidating H.I.G.'s existing investments and operations in the Berlin area, alongside a new €450 million investment in a high-end residential property portfolio in Leipzig and Dresden.
The venture aims to provide quality housing in Germany's most dynamic urban markets. Highground combines an institutional ownership structure with an experienced local operating team to enhance asset performance. The goal is to scale operations and capitalize on the structural housing shortage and sustained demand in the German residential market.
Riccardo Dallolio, Managing Director and Head of H.I.G. Realty Europe, stated that the launch of Highground represents a significant step in H.I.G. Realty's European residential strategy. He indicated that the German residential real estate market is considered a key market, and the established platform is designed to leverage current market opportunities.