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**H.I.G. Capital Launches Italian Self-Storage Platform with Initial Acquisitions**
Miami-based alternative investment firm H.I.G. Capital has officially entered the Italian self-storage market with the establishment of a new platform, Boxengo. This move comes following the successful completion of the firm’s first five acquisitions in Italy, as part of its ongoing expansion within the sector.
H.I.G. Capital is no stranger to self-storage, having already established similar platforms across the United Kingdom and Germany. The Italian launch signals further commitment to the self-storage industry across Europe.
Boxengo will initially concentrate on the metropolitan areas of Milan and Rome. The seed portfolio includes five self-storage facilities—four located in Milan and one in Rome. The first two assets in Milan are set to open by the end of this year, while the remaining three are scheduled to become operational in 2026.
Riccardo Dallolio, Managing Director and Head of H.I.G. Realty in Europe, based in London, commented:
“The successful completion of the first five acquisitions represents an important milestone for H.I.G. Realty’s strategy in self-storage, which we see as an operationally intensive and undersupplied sector. We look forward to growing Boxengo into a leader in the sector.”
This strategic move highlights H.I.G. Capital’s continued efforts to diversify its investments and capitalize on opportunities in high-demand asset classes across Europe.
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