EQT Real Estate has secured €3.1 billion for its latest European value-add logistics strategy. EQT said the final close for EQT Real Estate Europe Logistics Value Fund V, which surpassed its €2.5 billion target, included €3 billion in fee-generating assets under management. The predecessor fund, EQT Real Estate Europe Logistics Value Fund IV, closed at €2.2 billion in July 2021.
EQT said the latest fundraise was supported by a diverse global group of institutional investors, including pension funds, sovereign wealth funds, asset managers and insurance companies. Investors in the vehicle are based across the Americas, Asia Pacific, the Middle East and Europe, it added.
Fund V, which continues EQT real estate’s strategy of acquiring and developing modern logistics assets across Europe, invests across the full spectrum of logistics real estate, from big box and mid box warehouses to last mile facilities.
Source: realassets.ipe.com on the 28th of April