EQT Real Estate has held a final close for its EQT Real Estate Europe Logistics Value Fund V on €3.1 billion ($2.6 billion) in total commitments, including €3 billion ($3.5 billion) in fee-generating assets under management.
The fundraise exceeded the target size of €2.5 billion ($2.9 billion) and marks a 42 percent increase on the fund’s predecessor, which closed on €2.2 billion ($2.6 billion) in July 2021. The fund received commitments from a diversified, global group of institutional investors, including pension funds, sovereign wealth funds, asset managers and insurance companies. Fund investors were based across the Americas, Asia Pacific, the Middle East and Europe.
The fund continues EQT Real Estate’s strategy of acquiring and developing modern logistics assets across Europe, targeting key consumption centers and distribution corridors. It invests across the full spectrum of logistics real estate, from big-box and mid-box warehouses to last-mile faci
