EQT Exeter is buying four logistics properties in Germany from real estate firm VIB Vermögen.
The global real estate investment manager is investing an unspecified amount on behalf of EQT Exeter European Logistics Value Fund IV to acquire the 94,000sqm portfolio of assets located across the cities of Munich, Nuremberg and Frankfurt.
EQT Exeter said the fully-leased properties offer potential for “significant value creation through future rental growth and sustainability-focused enhancements”.
EQT Exeter added that the transaction aligns with its strategy of acquiring high-quality assets in key European submarkets and strengthening its presence in the Southern Germany logistics market.
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