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QT Real Estate has entered into an agreement to acquire a high-quality logistics portfolio in Northern Italy, comprising 12 fully let assets totaling 265,000 square meters. The acquisition is valued at approximately EUR 230 million and will be managed by Kryalos SGR S.p.A.

    The properties are strategically located near key motorways, providing access to major population centers and over 12 million inhabitants. With an average building age of ten years and Grade A technical specifications, the assets feature eaves heights averaging 11 meters and ample loading and maneuvering capabilities.

    This acquisition strengthens EQT Real Estate's presence in the Italian logistics market, which is experiencing strong demand among European submarkets. The transaction creates opportunities for future rental growth potential and value creation through EQT Real Estate's differentiated approach to asset management.

    John Toukatly, Partner and Chief Investment Officer at EQT Real Estate, stated: "We are excited to incorporate this high-quality portfolio into our fund, which aligns with our focus on acquiring modern logistics assets in underserved European markets. By leveraging our operational expertise, we aim to unlock additional value from these properties."

    Paolo Bottelli, Founder and CEO of Kryalos SGR, added: "This transaction highlights the strength and liquidity of the Italian logistics real estate market, attracting investors looking to establish or grow their presence in this rapidly expanding sector. We will manage the assets with professionalism, seeking to ensure long-term value creation."

    EQT Real Estate's acquisition of this logistics portfolio further consolidates its position as a leading player in the European logistics market, with over 2,000 properties and 400 million square feet under management globally.