EQT Real Estate Targets $6B for Seventh Industrial Value Fund
EQT Real Estate is seeking to raise $6 billion for its seventh U.S. industrial value-add fund, continuing its long-running strategy focused on logistics real estate.
EQT Exeter Industrial Value Fund VII will pursue the same approach as its predecessor, targeting the development, renovation, leasing and operation of logistics properties across the U.S.
The fundraising effort comes as EQT’s prior vehicle, Fund VI, approaches full deployment. The fund, which closed at $4.9 billion in July 2023, is now approximately 80% invested.
Fund VII is expected to follow a similar deployment pace and investment profile. Management fees may be charged on committed capital from the initial closing, shifting to net invested capital following the investment period.
EQT Real Estate oversees approximately $59 billion in assets, with a portfolio spanning more than 2,000 properties and 450 million square feet across 50 markets.
