Acquisition of six trading self storage properties by H.I.G. Europe Realty Holdings II LP

Deal typePrivate Equity & Transaction Services
IndustryReal Estate
Client nameH.I.G. Europe Realty Holdings II LP

H.I.G. Europe Realty Holdings II LP ("H.I.G.") is an affiliate of H.I.G. Capital, LLC, a leading global private equity investment firm with over €41 billion of equity capital under management. H.I.G. makes investments and provides financing to small to mid-sized real estate assets located in Europe, the United States, and Latin America.

The six self storage properties acquired are located from the West Midlands to the South of England. The properties are similar in size ranging between 417 units and 447 units with one property at a higher level of 571 units. The transaction comprised the acquisition of  shares in five entities, each holding one property, with the remaining property acquired as an asset purchase. 

BDO provided financial and tax due diligence services to H.I.G. Europe Realty Holdings II LP on the acquisition.