EQT Group buys 4.8M sq ft logistics portfolio in five US markets.

EQT Group has expanded its U.S. industrial footprint with the acquisition of an 11-building logistics portfolio totaling 4.8 million square feet. The assets span five strategic distribution hubs—Central Pennsylvania, Houston, Greenville-Spartanburg, Jacksonville, and Indianapolis—and reflect the firm’s push into large-format, high-specification warehouses that serve e-commerce and third-party logistics operators.

Built to Class A standards, the buildings deliver modern operational features such as high clearances, flexible loading arrangements and generous trailer and car parking. These physical attributes, paired with locations close to major highways, rail links and port gateways, make the portfolio well suited to fast fulfilment and regional distribution strategies. Market observers say such attributes are in increasing demand as operators seek lower-latency routes into population centres.

The purchase was completed by funds managed by EQT Real Estate, which is doubling down on logistics after several years of capital flowing into industrial assets globally. Investors continue to prize scarcity and connectivity: U.S. industrial vacancy rates have generally tightened across primary and many secondary corridors, while demand from e-commerce, retail omnichannel distribution and outsourced logistics providers has remained robust. Yields for prime logistics assets have compressed from earlier cycles, keeping investor focus on assets with operational resilience.

EQT’s approach combines portfolio-level scale with active, local management. The firm says it will prioritise leasing to 3PLs and national e-commerce platforms, undertake targeted sustainability improvements and optimise logistics operations to increase cashflow and asset longevity. The buyer’s playbook aims to capture rental growth in markets where new supply is constrained by land availability or zoning limits.

Matthew Brodnik, Global CIO at EQT Real Estate, framed the deal as part of a broader allocation into resilient real assets: he noted the portfolio’s geographic spread and modern specifications give the investor exposure to diverse end-users and gateway corridors. Rather than listing immediate redevelopment plans, EQT highlighted its pipeline for selective operational upgrades and leasing initiatives intended to enhance net operating income and tenant stickiness over the medium term.