EQT Exeter, a subsidiary of Swedish private equity firm EQT AB, has acquired two logistics properties in southern England for over £100 million ($126 million), the company announced. Charles Russell Speechlys provided legal counsel to EQT Exeter on the deal, which forms part of the firm’s strategy to invest in high-demand logistics markets driven by e-commerce and supply chain innovation.
Strategic Sites in Milton Keynes and Dartford
The two properties, located in Milton Keynes and Dartford, were purchased from M&G Real Estate. Both are fully leased, with the Milton Keynes site occupied by DS Smith PLC’s corrugated packaging unit and the Dartford facility rented by retail giant Asda. Their proximity to major transport networks adds strategic value for logistics operations.
The acquisition was made through EQT Exeter’s European Logistics Value Fund IV, a vehicle focused on acquiring and enhancing logistics assets across key markets.
Focus on Sustainability and Efficiency
EQT Exeter emphasized its plans to upgrade the properties for energy efficiency and regulatory compliance. These enhancements align with the firm’s sustainability goals and aim to support decarbonization efforts.
