EQT Real Estate Acquires Pan-European Logistics Portfolio for EUR 532 Million

EQT Real Estate has agreed to acquire a portfolio of 14 logistics properties across the UK, Germany, and France from Logicor. The acquisition is valued at EUR 532 million and includes approximately 457,000 square meters of fully leased modern logistics space located in key distribution corridors. The transaction strengthens EQT Real Estate's European logistics platform by adding scale to its existing assets. Jonathan Mackie, Managing Director at EQT Real Estate, highlighted the sustained demand for high-quality logistics properties and expressed confidence in long-term growth from this acquisition. The UK assets have already been transferred, while German and French assets remain subject to customary closing conditions. Ryan Pappas of Logicor praised EQT as a respected partner and noted that the deal reflects continued interest in top-tier logistics real estate.

By EQT · PR Newswire ·

Topics: acquisition logistics real estate

Read the full article at PR Newswire

More World news