The real estate arm of private equity investor EQT has sold a portfolio of 25 US industrial properties in a deal that represents the largest transaction in the sector for 2025.

The EQT Real Estate Industrial Core-Plus Fund II has completed the sale of the 8.7m sqft portfolio of logistics assets located across 13 key US distribution markets, including Atlanta, Chicago, New York, Phoenix and Texas.

EQT Real Estate has been responsible for assembling and actively managing the portfolio since 2020.

Matthew Brodnik, global CIO at EQT Real Estate, said: “This transaction demonstrates EQT Real Estate at its very best, showcasing our ability to scale logistics platforms and deliver value across the investment lifecycle.

“Our team identified an opportunity to assemble a portfolio with strong fundamentals and significant future upside, seeing it through from acquisition to stabilisation with disciplined execution and hands-on management.”

Details regarding the buyer and the transaction price were not disclosed.

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