EQT Real Estate Acquires Four-Asset Logistics Portfolio in Northern Italy

EQT Real Estate Expands Italian Logistics Footprint

EQT Real Estate, operating through its EQT Exeter Europe Logistics Core-Plus Fund II, announced on January 12, 2026, the acquisition of a significant logistics portfolio in Northern Italy. The portfolio comprises four high-quality logistics assets, collectively spanning approximately 107,000 square meters. These properties are strategically situated in key Italian markets, including Milan, Bologna, and Verona.

Strategic Locations and High-Quality Assets

The newly acquired assets are described as modern, institutional-quality logistics facilities, boasting Grade A technical specifications and robust sustainability credentials. They are fully let to a diverse and strong tenant base, ensuring long-term income stability. A key advantage of the portfolio is its excellent connectivity to core distribution locations via major motorways, including the A1, A4, and A22. This connectivity provides access to major population centers and a catchment area of over 20 million inhabitants.

Alignment with Core Plus Strategy

The acquisition aligns with EQT Real Estate's Core Plus strategy, which focuses on acquiring modern logistics assets that offer long-term lease stability, stable income, and significant value creation opportunities. These opportunities are to be realized through active asset management and sustainability initiatives. The assets will be acquired by Kryalos SGR S.p.A on behalf of EQT Real Estate.

Confidence in the Italian Logistics Market

Greg Vinson, Partner at EQT Real Estate, commented on the transaction, stating, 'The transaction fits perfectly within our Core Plus strategy's objective to acquire highly reversionary, modern logistics assets that offer long-term lease stability, stable income and significant value creation opportunities.' He further added, 'As the Italian logistics market remains resilient, driven by demand for Grade A and sustainability-compliant warehouses, we are thrilled to be expanding our exposure and further drive value in the Properties that are well-connected to some of Italy's fastest-growing cities.' This move underscores EQT Real Estate's strong confidence in the long-term prospects of the Italian logistics sector, which continues to benefit from attractive structural trends and favorable supply-demand dynamics, positioning it as one of Europe's most attractive and supply-constrained markets.