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EQT is pleased to announce that the EQT Real Estate II fund (the “Fund”) has held its final close at its hard cap of EUR 1 billion<\/span> in fee-paying assets under management. Demand from both existing and new investors was robust, with commitments into the Fund coming from a diversified group of investors across Europe<\/span>, the Nordics, Asia<\/span>, North America<\/span> and the Middle East<\/span>.<\/p>\n The successful fundraise of EQT Real Estate II exceeded its target size of EUR 750 million<\/span> and, at EUR 1 billion<\/span>, is more than 2.5 times larger than its predecessor fund, EQT Real Estate I. The Fund will seek to make direct and indirect controlling investments in real estate assets, portfolios, operating companies and joint ventures and will target equity investments ranging in size from EUR 40 million<\/span> up to EUR 200 million<\/span>.<\/p>\n EQT Real Estate II will execute a thematic investment approach with a focus on attractive investments which are decoupled from the financial cycle. Target opportunities, which are underpinned by key secular growth drivers, include urban logistics and warehouse assets that benefit from an ongoing shift in retail consumption trends towards e-commerce and residential investments, including new build for-rent housing, student housing and senior living, which benefit from continued favorable supply-demand dynamics, urbanization and population growth. These are sectors that the EQT Real Estate Advisory Team has extensively researched and in which it has built strong investment convictions.<\/p>\n The Fund benefits from EQT Real Estate’s “local with locals” approach (the team’s 25 investment professionals are based in EQT’s offices in London<\/span>, Stockholm<\/span>, Madrid<\/span>, Milan<\/span> and Paris<\/span>). The team will also benefit from the knowledge and resources of the wider EQT platform to source and execute off-market investment opportunities and create value through intensive asset management. The team’s expertise combined with EQT’s proven sustainability framework allow EQT Real Estate to navigate future trends to meet the current and future needs of occupiers.<\/p>\n To date, EQT Real Estate II has committed capital into four high conviction investment programs in Sweden<\/span>, France<\/span> and the UK, all with a social impact strategy underpinned by EQT’s industry leading sustainability credentials:<\/p>\n The Real Estate Advisory Team is also actively evaluating transactions in Germany<\/span>, Spain<\/span>, Italy<\/span> and Benelux.<\/p>\n Robert Rackind, Partner and Head of EQT Real Estate, commented: “We would like to thank all of the investors – both new and existing – for their support of EQT Real Estate II. As we are entering a new investment cycle, we see a strong pipeline of attractive value-add investment opportunities that fit EQT Real Estate’s thematic approach to investing primarily into Europe’s<\/span> key cities and in particular in our current focus on `beds’ and `sheds’ assets that are benefitting from positive growth drivers and secular trends.”<\/p>\n Lennart Blecher<\/span>, Deputy Managing Partner and Head of EQT Real Assets, added: “The high demand that EQT Real Estate II received from a truly global blue-chip investor base is a testament to the compelling combination of EQT’s platform and our Real Estate Advisory Team’s proven real estate expertise. EQT’s ability to cross-pollinate market knowledge, draw on expertise in key areas like sustainability and share networks across our platform is an excellent complement to EQT Real Estate’s in-house talent.”<\/p>\n Christian Sinding<\/span>, CEO and Managing Partner at EQT, commented: “Real estate is one of the most exciting growth areas for EQT and the success of this fundraise is a reflection of EQT Real Estate’s ability to source attractive opportunities and then develop sustainable, future-proofed assets, while delivering strong results to its investors. We look forward to continuing to build on that success.”<\/p>\n More than 35 percent of the commitments were closed after February 2020<\/span> during a period of significant global lockdowns due to the COVID-19 pandemic which showcases not only the investor appetite for the Fund but also the strengths of EQT’s tech infrastructure as the latter part of the fundraising process was carried out digitally.<\/p>\n EQT Real Estate II is backed by a highly regarded, international investor base including public and corporate pension funds, insurance companies, sovereign wealth funds, global asset management firms, commercial banks, endowments and foundations, private wealth channels and family offices.<\/p>\n Contact:<\/p>\n Robert Rackind Eric Lemer<\/span> EQT Press Office, press@eqtpartners.com<\/p>\n UK media enquiries: About EQT<\/p>\n EQT is a differentiated global investment organization with more than EUR 62 billion<\/span> in raised capital and around EUR 40 billion<\/span> in assets under management across 19 active funds. EQT funds have portfolio companies in Europe<\/span>, Asia-Pacific<\/span> and North America<\/span> with total sales of more than EUR 27 billion<\/span> and approximately 159,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.<\/p>\n More info: www.eqtgroup.com<\/p>\n Tags:<\/b> Robert Rackind\n
Partner and Head of EQT Real Estate
Investment Advisor to EQT Real Estate I and II
+44 7860 271 392<\/p>\n
Managing Director
Head of Business and Capital Development of EQT Real Estate
Investment Advisor to EQT Real Estate I and II
+44 7971 226 842<\/p>\n
Greenbrook
eqt@greenbrookpr.com
+44 20 7952 2000<\/p>\nSee Campaign: <\/strong>http:\/\/www.eqtgroup.com<\/a>
Contact Information:<\/b>
Robert Rackind
\nPartner and Head of EQT Real Estate
\nInvestment Advisor to EQT Real Estate I and II
\n+44 7860 271 392<\/p>\n
<\/a>, Wire Real Estate<\/a>, Wire<\/a>, United States<\/a>, English<\/a><\/p>\n<\/div>\n
\nContact Information:<\/h3>\n
\nPartner and Head of EQT Real Estate
\nInvestment Advisor to EQT Real Estate I and II
\n+44 7860 271 392<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" EQT is pleased to announce that the EQT Real Estate II fund (the “Fund”) has held its final close at its hard cap of EUR 1 billion in fee-paying assets under management. Demand from both existing and new investors was robust, with commitments into the Fund coming from a diversified group of investors across Europe, the Nordics, Asia, North America and … Continue reading EQT Real Estate II closes at EUR 1bn hard cap – fortifies commitment to thematic, value-add investments across key European cities<\/span><\/a> Continue Reading