The Berlin-based company starts with consolidated local holdings and a new €450 million residential portfolio in Leipzig and Dresden, as H.I.G. targets Germany’s supply-constrained housing market.
H.I.G. Capital said one of its affiliates has formed Highground Living, a newly created €1 billion German residential platform headquartered in Berlin. The launch combines H.I.G.’s existing investments and operations in the Berlin area with a new investment in a €450 million residential portfolio in Leipzig and Dresden. The firm said the platform is designed to pair institutional ownership with local operating expertise, with a focus on improving asset performance and delivering housing in what it described as Germany’s strongest urban markets. H.I.G. said Highground plans to expand its portfolio and operating platform over time, supported by Germany’s structural housing shortage, resilient demand and limited new supply. Riccardo Dallolio, Managing Director and Head of H.I.G. Realty in Europe in London, called the launch a key milestone for the firm’s European residential strategy, while Stelios Theodosiou, Managing Director at H.I.G. Realty in Europe, said the platform is positioned to create long-term value through active asset management and disciplined portfolio growth.