EQT Enhances Logistics Portfolio in Southern France
Deal News | Jun 02, 2025 | EQT
EQT Real Estate has announced the acquisition of a significant logistics portfolio consisting of five buildings spanning 148,000 square meters in Southern France. This move strategically strengthens EQT's presence in the critical submarkets of Avignon and Toulouse, providing high-quality, Grade A specifications with excellent connectivity to major motorways like the A20 and A7. The acquisition fits EQT Real Estate's strategy to target modern, undersupplied logistics properties across Europe. The properties are leased to a diverse tenant base with a roughly two-year average remaining lease term. EQT was advised by a suite of financial, legal, commercial, and technical consultants, including PwC and CBRE. John Toukatly, European Logistics CIO at EQT, highlighted the portfolio's alignment with market demand and EQT's operational capabilities.
Sectors
- Real Estate and Logistics
- Investment Management
Geography
- France – The logistics properties acquired by EQT Real Estate are located in Southern France, specifically in Avignon and Toulouse, strengthening their operational presence in this critical geographical market.
- Europe – EQT Real Estate operates across Europe, and this acquisition is part of its strategy to grow its logistics portfolio within underserved European markets.
Industry
- Real Estate and Logistics – The article revolves around the acquisition of logistics real estate, underscoring the importance of location-specific infrastructural assets in the real estate and logistics sector.
- Investment Management – EQT Real Estate’s acquisition is part of its broader investment strategy to enhance its asset portfolio, highlighting the investment management industry's role in logistics and real estate markets.
Financials
- N/A – The article does not specify the financial details of the acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| EQT Real Estate | Acquirer | Company | A global investment firm specializing in real estate assets, acquiring logistics and residential properties in key markets. |
| EQT Exeter Logistics Value Fund IV | Investor | Company | A fund under EQT focused on value investments in logistics properties. |
| John Toukatly | Partner, Chief Investment Officer, European Logistics | Person | Oversees logistics investments at EQT Real Estate, instrumental in strategic acquisitions. |
| PwC | Financial and Tax Advisor | Company | Provided financial and tax advisory services for the acquisition. |
| Gide and GMH Notaires | Legal and Notarial Advisor | Company | Provided legal and notarial services for the transaction. |
| CBRE | Commercial Advisor | Company | Provided commercial advisory services in the acquisition. |
| Tauw | Environmental Advisor | Company | Provided environmental advisory services for the logistics portfolio acquisition. |
| AMF | ICPE and PM Advisor | Company | Advised on ICPE and PM (industrial and commercial project management) aspects of the logistics assets. |
| Gleeds | Technical and ESG Advisor | Company | Provided technical and ESG advisory services for the acquisition. |