Corporate Overview
EQT Real Estate is one of the largest real estate investment managers in the world with approximately €32 billion of assets under management (as of 30 September 2024). EQT Real Estate is focused on acquiring, developing, leasing, and managing logistics/industrial and multifamily properties globally. As a hands-on operator, with 55 offices and more than 470 employees globally, EQT Real Estate combines local execution and global scope to deliver superior real estate solutions to its tenants. EQT Real Estate’s approach to real estate investing is distinguished by the following four tenets: local presence; in-house leasing & property management; in-house development & construction; and prolific small- and mid-cap investment sourcing. These tenets have guided the direction of the firm’s growth over the last 18 years, resulting in consistent investment execution and providing its investment partners with some of the industry’s leading and most consistent value-add, core-plus and core returns, as proven against prominent global benchmarks.
Today, EQT Real Estate manages targeted, specialized real estate private equity funds organized by geography (Americas, Europe, Asia), property sector (logistics and living), and risk-return profile (value-add and core-plus). Each business line is separately managed by dedicated Portfolio Managers and implemented by the relevant regional and country leasing and investment professionals across 25 offices and locations in the Americas, 23 in Europe, and 7 in Asia Pacific.
Investment principles & strategy
EQT Real Estate is solely dedicated to real estate investment management, serving over 230 institutional investors globally (as of 30 September 2024). EQT Real Estate manages various sector and regional focused vehicles in Europe and the Americas, as well as diversified vehicles in the Asia Pacific.
EQT Real Estate Value-Add Logistics
The EQT Real Estate Value-Add Logistics Funds seek to invest in big box, mid box and last mile logistics properties in major consumption and distribution hubs. The funds seek to create value through (i) acquiring underperforming, under-leased and vacant assets at discounted prices; (ii) re-letting / re-gearing short-term leased assets that generate immediate cashflow; and (iii) developing modern, high-quality logistics assets. Through focusing on single-asset acquisitions and targeting smaller equity ticket sizes, a less competitive segment of the market, the funds seek to benefit from attractive entry pricing. EQT Real Estate currently manages Value-Add Logistics vehicles in the U.S., Europe and Asia.
EQT Real Estate Core-Plus Logistics
The EQT Real Estate Core-Plus Logistics Funds seek to invest in big box, mid box and last mile logistics properties in major consumption and distribution hubs. The funds focus on long-leased, high quality, income-producing logistics assets with a value creation angle during the hold period. Typically, the funds may seek to add value through the ability to regear rents during the hold period, or via accretive sustainability investments. Similar to the value-add logistics funds, the strategy focuses on single-asset acquisitions and smaller equity ticket sizes to capitalize on attractive entry pricing due to market inefficiencies. The Core-Plus strategy also benefits from EQT Real Estate’s in-house operator platform. EQT Real Estate currently manages Core-Plus Logistics vehicles in the U.S. and Europe.
EQT Real Estate Logistics Managed Accounts
In addition to the Value-Add and Core-Plus logistics funds, EQT Real Estate oversees managed accounts in the U.S. and Europe. These managed accounts entail asset management services for pre-determined portfolios and therefore do not undertake new acquisition activities. These managed accounts originated when EQT Real Estate sold stabilized portfolios and was retained by the buyers to manage the assets, due to its in-house leasing, development and construction and property management capabilities.
EQT Real Estate U.S. Core-Plus and Value-Add Multifamily
EQT Real Estate’s U.S. Multifamily team strategically invests in well-located garden-style, mid-rise, and high-rise apartment communities in high-growth U.S. markets with resilient long-term apartment fundamentals. Utilizing a blended core-plus and value-add investment strategy, the team balances stable, income-generating properties with high-growth opportunities, leveraging a robust national platform to enhance acquisition efforts. By building a geographically and product-diverse portfolio, including acquisitions, redevelopment projects, and select ground-up developments, the team aims to generate outsized risk-adjusted returns while proactively managing risk through demographic and geographic diversification.
EQT Real Estate Europe Value-Add Living
The EQT Real Estate Europe Value-Add Living strategy targets investments in residential-for-rent and purpose-built student accommodation (“PBSA”) assets in major European cities and higher education hubs. The strategy focuses on generating strong cashflow and value appreciation through (i) the refurbishment of standing assets; (ii) design improvement; (iii) development; and (iv) redevelopment. The strategy aims to aggregate single assets with a minimum of 200 beds per unit, focusing on high-quality, modern, yet affordable residential and PBSA assets tailored to the middle-income market. Furthermore, EQT Real Estate’s dedicated self storage platform, STOREX, is developing a next-generation, best-in-class portfolio across London, targeting high-visibility, densely populated urban areas. Focused on delivering an exemplary customer experience, STOREX offers an efficient, end-to-end fully digitized solution. Through the aggregation of individual sites, EQT Real Estate’s self storage strategy aims to build a high-quality, institutional-scale portfolio.
EQT Real Estate Value-Add Asia Pacific Diversified
The EQT Real Estate Value-Add Diversified funds in Asia Pacific seek to invest across the office, hospitality, residential and logistics sectors. The funds seek to construct a diversified portfolio in terms of geography, sector and risk profile, seeking to generate strong cashflow and appreciation through: (i) refurbishment of standing assets; (ii) design improvement; (iii) development; and (iv) redevelopment.
