H.I.G. Capital has launched Highground Living, a €1 billion residential platform based in Berlin, aimed at addressing Germany’s long‑standing housing shortage.
New vehicle consolidates existing assets and adds fresh capital
The newly created vehicle brings together H.I.G.’s current Berlin holdings under a single institutional structure.
It is not merely a rebranding of assets already on the books; the firm is also injecting fresh capital into a €450 million portfolio of high‑quality rentals in Leipzig and Dresden.
With these acquisitions, Highground gains a presence in three of the country’s strongest urban markets from the start.
The platform combines institutional ownership with a local operating team that has experience managing residential properties.
According to the filing, the structure is intended to improve performance of existing assets while scaling housing delivery across Germany.
H.I.G.’s global footprint underpins the new platform.
The firm manages roughly €65.4 billion in capital and operates from Miami with affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan and Paris.
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Since 1993, it has overseen more than 400 companies, and its current portfolio includes over 100 firms with combined sales exceeding €46.2 billion.
Management outlines long‑term strategy
Riccardo Dallolio, Managing Director and Head of H.I.G. Realty Europe, described the launch as a strategic milestone.
“Highground marks an important milestone for H.I.G. Realty’s European residential strategy.
We have identified German residential as one of our high‑conviction markets and have built a scalable platform to capitalise on the current market opportunity,” he said.
Stelios Theodosiou, Managing Director at H.I.G. Realty Europe, added that the platform is designed for long‑term value creation.
“Highground provides an institutional operating platform capable of creating long‑term value through active asset management and disciplined portfolio growth.”
They look forward to supporting the management team as the business grows across Germany’s residential market,” he noted.
Investors and developers in Berlin, Leipzig and Dresden should expect increased competition for residential assets and development land, as H.I.G. signals its intent to expand both the portfolio and the operating platform over time.
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The launch arrives as Germany continues to grapple with a structural shortage of housing.
Demand remains resilient, and new construction has struggled to keep pace, creating a market environment that favours well‑capitalised investors.
Highground’s initial footprint across three cities positions it to respond swiftly to opportunities that arise from this imbalance.
They will operate alongside WhiteHorse Finance, a publicly traded business development company managed by H.I.G.’s debt funds.
The company’s stated ambition is to become a leading consolidator of residential assets in Germany, signalling a shift toward more active asset management in the sector.
