Specifically, the U.S.-based investment firm H.I.G. Capital has completed a new acquisition in Central London, further strengthening its presence in the British capital’s residential market.
This marks the third investment under its London residential platform, which is being developed in partnership with the UK-based housing developer HUB.
Following this latest addition, the company’s total portfolio in Central London now exceeds €1.17 billion in gross development value and comprises approximately 1,700 residential units across three projects.
The newly acquired asset is located in the City of London, offering immediate access to key transport hubs and major business districts. The scheme includes the existing office building St Clare House and the adjacent Victorian warehouse Writers House. Upon redevelopment, the properties will be transformed into a modern, professionally managed residential project, with a strong focus on sustainability, contemporary amenities, and shared spaces designed to serve the local community.
H.I.G.’s London platform also includes Finsgate House in the Old Street area and a 1.2-acre site in Elephant and Castle. All three projects are situated in highly connected central locations and aim to deliver high-quality, modern housing tailored to the needs of professionals and students in a market that continues to face significant supply constraints.
H.I.G. Capital manages approximately $74 billion in capital and maintains a global presence, investing in companies and real assets across private equity, real estate, infrastructure, and credit strategies. In Greece, the firm has invested in the tourism and logistics sectors through platforms such as Ella Resorts and Streem Global, committing more than €400 million in equity and over €1.5 billion in total invested capital.