€532M deal for the acquisition of 14 logistics centres

The portfolio comprises approximately 457,000 sq.m. of warehousing and distribution facilities, including eight properties in the United Kingdom, four in Germany, and two in France. The assets are fully leased to a diversified tenant base operating across the retail, e-commerce, transport, and industrial sectors, and are located in strategic logistics markets with direct access to key transport networks and major population centres.

“Europe’s logistics sector continues to be one of our core investment themes, supported by sustained occupier demand for high-quality facilities in prime locations,” said Jonathan Mackie, Managing Director at EQT Real Estate. He noted that the acquisition of the portfolio from Logicor significantly strengthens EQT’s presence in the European market by adding high-quality assets and creating a strong platform for long-term growth.

On behalf of Logicor, Ryan Pappas, Chief Investment Officer, stated that the transaction further demonstrates both the enduring appeal of prime logistics real estate and the importance of long-term partnerships within the sector. He added that Logicor is particularly pleased to complete another transaction with EQT, which he described as a trusted and experienced investment partner.

The transfer of the UK assets has already been completed, while completion of the acquisition of the German and French properties is expected following satisfaction of the customary closing conditions applicable to the transaction.