EQT Exeter completes €3b logistics portfolio sale

EQT Exeter has closed a €3 billion ($3.4 billion), 2.2 million-square-meter (24 million-square-foot) logistics portfolio sale on behalf of its private real estate fund, EQT Exeter European Value Venture III. These properties serve the supply chains of major corporations, including facilities for “big-box” regional distribution, ecommerce fulfillment, and last-mile distribution. The portfolio spans major population centers and key ecommerce and air cargo hubs across western and central Europe.

EQT Exeter assembled the portfolio through 102 transactions executed over three years. These investments were made on behalf of logistics value fund investors who sought value growth through development and leasing activities. With its unique vertical integration, including highly localized, fully in-house execution of design, development, and leasing, EQT Exeter: developed 762,000 square meters (8.2 million square feet) of the portfolio; leased 715,000 square meters (tk square fee