“EQT Exeter’s operational expertise and focus on sustainability will aim to unlock further potential for these properties, ensuring they meet the evolving needs of our occupiers and investors alike,” said Jonathan Mackie, director of U.K. acquisitions at EQT Exeter.
EQT Exeter’s Expanding Portfolio
EQT Exeter, formed in 2021 through the merger of EQT and Exeter Property Group, manages over $30 billion in equity and owns more than 2,000 properties globally. The firm has been actively expanding its logistics footprint, including a recent $81.5 million purchase of an industrial property near Seattle.
The acquisition underscores EQT Exeter’s commitment to targeting high-growth logistics markets fueled by the rise of e-commerce and modern supply chain requirements.
Legal Representation
Charles Russell Speechlys led legal representation for EQT Exeter in the transaction. Counsel information for M&G Real Estate was not immediately available.
