EQT Exeter Logistics Value Fund IV, a fund managed by EQT Real Estate, has acquired a best-in-class logistics portfolio of five warehouses.
The portfolio of big-box assets totals approximately 148,000 square meters (1.6 million square feet) and is located in the key southern France submarkets of Avignon and Toulouse. The warehouses' respective locations offer proximate access to core population centers via key motorways, including the A20 and the A7, which provide connectivity to Marseille and Lyon.
The properties feature class A technical specifications, including eaves heights averaging more than 10 meters (33 feet), as well as ample loading and maneuvering features. The portfolio benefits from a strong, global diversified tenant base and is well suited to meet the growing needs of today's modern logistics users.
This acquisition strengthens EQT Real Estate's exposure to core southern France submarkets, which are structurally undersupplied and continue to expe