EQT Real Estate has announced that the EQT Real Estate Europe Logistics Value Fund V has acquired a portfolio of six logistics assets totaling approximately 1.6 million square feet from Tritax Big Box REIT plc. The portfolio spans Leamington Spa, Didcot, Peterborough, and Kettering, situated across the West Midlands, East Midlands, and South East of the UK. Financial terms were not disclosed.
The six assets are Grade A logistics properties featuring high clear heights, large loading yards, and strong sustainability credentials, with most holding Energy Performance Certificate A ratings. The portfolio is fully leased following completion of a lease at the Leamington I asset, and is occupied by a diversified tenant base spanning e-commerce, logistics, publishing, healthcare, and consumer industries. The properties are strategically located near major transport routes, including the M40, A14, and A1(M), connecting cities including London, Birmingham, and Edinburgh, providing access to key UK population centers and established distribution networks.
The acquisition further expands EQT Real Estate’s UK logistics footprint and complements its broader European logistics portfolio across key distribution corridors and consumption hubs. The investment aligns with EQT Real Estate’s strategy of targeting high-quality logistics assets in supply-constrained markets supported by resilient occupier demand and long-term rental growth potential. The firm said it continues to see attractive opportunities in European logistics driven by structural trends, including growth in online retail, supply chain optimization, and increasing demand for efficient distribution space close to major population centers.
KEY QUOTES:
“We continue to see attractive long-term opportunities in European logistics, supported by structural trends including the growth of online retail, supply chain optimization and increasing demand for efficient distribution space close to major population centers. This acquisition expands our growing UK logistics footprint and complements our broader European logistics portfolio across established distribution markets.”
Jonathan Mackie, Managing Director, EQT Real Estate
