EQT Real Estate Europe Logistics Value Fund V, managed by EQT Real Estate Europe Logistics, has acquired a portfolio of six logistics assets in the United Kingdom totaling approximately 1.6 million square feet across Leamington Spa, Didcot, Peterborough and Kettering from Tritax Big Box REIT.
The sales price was £199 million ($267.3 million).
The assets are fully leased following completion of the lease at Leamington I and are occupied by a diversified tenant base across ecommerce, logistics, publishing, health care and consumer industries. Strategically located near major transport routes, including the M40, A14 and A1(M), which connect cities including London, Birmingham and Edinburgh, the properties provide access to key U.K. population centers and established distribution networks.
The portfolio consists of modern class A properties featuring substantial clear heights, l
