EQT Real Estate Buys 14 Logistics Assets for EUR 532M

EQT Real Estate has significantly expanded its European logistics footprint with the acquisition of a 14-property portfolio valued at EUR 532 million. This strategic move, orchestrated through its EQT Real Estate Europe Logistics Value Fund V, underscores the enduring appeal of well-located, modern logistics facilities in a sector driven by robust occupier demand.

The acquired assets, totaling approximately 457,000 square meters of leasable space, are strategically positioned across key European markets. The portfolio includes eight sites in the United Kingdom, four in Germany, and two in France. These facilities are fully occupied by a diverse range of tenants spanning e-commerce, retail, and industrial sectors, highlighting their critical role in established distribution networks and proximity to major consumer hubs.

This transaction marks another significant step for EQT Real Estate in solidifying its presence within the European logistics arena. The acquisition not only adds substantial scale but also enhances its platform by incorporating high-quality, income-generating assets in prime locations. Jonathan Mackie, Managing Director at EQT Real Estate, emphasized the sector's strong fundamentals, noting, “European logistics remains one of our highest-conviction sectors, underpinned by sustained occupier demand for well-located, high-quality assets.”

The seller, Logicor, a prominent owner and operator of European logistics real estate, expressed satisfaction with the deal. Ryan Pappas, Chief Investment Officer at Logicor, commented on the successful transaction, stating, “We are particularly pleased to have agreed another transaction with EQT, a highly respected and professional partner, reflecting the continued appeal of best-in-class logistics assets and the strength of long-term relationships in our sector.” This marks a continuation of their established relationship.

The European logistics market continues to demonstrate resilience and growth, fueled by the acceleration of e-commerce and the ongoing need for efficient supply chain infrastructure. With an estimated market size projected to grow at a CAGR of over 5% in the coming years, investments in modern, strategically located logistics assets are proving to be a cornerstone of institutional real estate strategies. EQT Real Estate's latest acquisition aligns perfectly with this trend, capitalizing on the demand for prime warehousing and distribution centers.

While the transfer of the UK-based properties has already been finalized, the completion of the German and French components of the deal is contingent upon standard closing procedures. This acquisition further cements EQT Real Estate's position as a key player in the European logistics investment space, leveraging its expertise to identify and secure assets that offer strong potential for long-term value creation.