EQT Buys Six U.K. Logistics Assets From Tritax Big Box REIT

By Dominic Chopping

STOCKHOLM--Swedish buyout group EQT said it has acquired a portfolio of six U.K. logistics properties from Tritax Big Box REIT.

The company said that through its EQT Real Estate Europe Logistics Value Fund V it has bought assets across Leamington Spa, Didcot, Peterborough and Kettering to support its broader European strategy focused on supply-constrained markets benefiting from e-commerce growth, supply chain modernization and demand for faster deliveries.

The assets are located along key distribution corridors and are occupied by a diversified tenant base spanning e-commerce, logistics, publishing, healthcare and consumer sectors.

"We continue to see attractive long-term opportunities in European logistics, supported by structural trends including the growth of online retail, supply chain optimization and increasing demand for efficient distribution space close to major population centers," said Jonathan Mackie, managing director at EQT Real Estate.

Financial terms weren't disclosed.

Write to Dominic Chopping at [e-mail]

(END) Dow Jones Newswires

06-03-26 0311ET