EQT Acquires 25-Property Logistics Portfolio
EQT Real Estate just acquired a 4.3 million sq ft logistics portfolio from Mapletree, spanning 25 properties across the U.S. The deal highlights continued strong institutional investor demand for large-scale, diversified industrial assets. The portfolio's geographic spread and tenant mix are indicative of what major funds are targeting in the current market.
The $575 million price tag for the portfolio covers assets exclusively located on the U.S. East Coast. The properties are situated in key logistics markets across nine states, including Florida, Georgia, New Jersey, and Pennsylvania, with no new inventory impacting West Coast markets. For seller Mapletree, this is the fourth significant disposition of a U.S. warehouse portfolio within the last year, part of a broader strategy of divestment from its closed-end funds. This series of sales follows multiple large-scale acquisitions by the Singapore-based firm in prior years, indicating a strategic capital recycling initiative. This marks the second major logistics portfolio EQT has acquired from Mapletree in the last year, underscoring EQT's aggressive, thematic focus on U.S. industrial real estate. The acquisition was made through the EQT Real Estate Industrial Value Fund VI, reflecting a strategy of doubling down on logistics after the firm decided to close its U.S. multifamily fund. The portfolio consists of infill properties situated along critical transportation corridors like I-95, I-8
