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QT Real Estate has agreed to purchase a 477‑unit residential complex in Mahlow, a suburb on Berlin’s southern edge, expanding its European Living Strategy in Germany. The deal, executed with Pictet Alternative Advisors, bolsters EQT’s foothold in a market with tight supply and high demand.
The portfolio includes 17 buildings covering roughly 34,000 m², six commercial units, and 520 parking spaces. Situated within easy reach of Berlin’s center, the site offers direct rail links and proximity to Berlin Brandenburg Airport. Recent population growth and infrastructure upgrades in the area support long‑term value creation.
This acquisition fits EQT’s focus on modern, affordable, high‑quality housing in metropolitan regions where new supply is scarce. Over the last five years, the firm has targeted residential‑for‑rent assets and student accommodation across major European cities.
EQT and Pictet highlighted their shared belief in investing in well‑located suburban locales backed by robust social infrastructure and stable tenant fundamentals. They noted that Germany’s residential market, driven by steady demand and limited supply, remains attractive for institutional investors.
Legal advice came from Mittelstein Rechtsanwälte, tax structuring from Grant Thornton, and technical services from Reelab.
**Key quotes**
“This purchase marks a pivotal moment for our European Living Strategy in Germany. The sector’s solid fundamentals and steady demand make it an ideal time to pursue further opportunities. The portfolio, sourced through strong local ties, offers significant value‑add potential near Berlin, benefiting from population growth, improved infrastructure, and a mix of amenities. Beyond Berlin, similar prospects exist across Germany’s major cities, where limited supply and rising demand create compelling investment conditions in well‑connected areas with strong social infrastructure.” – Dave O’Brien, Director of German Living Strategies, EQT Real Estate
“This transaction exemplifies our European Living Strategy: acquiring and aggregating well‑situated residential assets and transforming them into high‑quality, purpose‑built homes for tenants and investors. It confirms our belief that well‑connected suburban areas around Europe’s major cities will continue to offer attractive opportunities for modern, affordable living.” – Tom Livelli, Partner and Head of Living Strategies, EQT Real Estate
“We are pleased to collaborate with EQT Real Estate on the ‘Living’ theme in Germany, aligning with our commitment to meeting local housing needs through well‑situated, functional options. This investment underscores our focus on geographic and sector diversification for clients, which we expect to remain essential amid ongoing macroeconomic shifts.” – Charles Legendre, Investment Manager – Multi‑Manager Real Estate, Pictet Alternative Advisors
