EQT Real Estate and Sigma Capital to launch joint venture.

EQT Real Estate, a real estate arm of Stockholm-based private equity group EQT, and Sigma Capital, an asset management group, to launch a $1.29bn residential joint venture. EQT Real Estate and Sigma have initially committed equity of $386m and $21m, respectively, to the JV. “EQT Real Estate is thrilled to be entering the London residential market, one with a severe supply shortage of professionally managed, high-quality, good value homes to rent, with Sigma Capital. In addition to the initial seven schemes, we are currently evaluating a growing pipeline of projects in Greater London to build a large scale, resilient and downside-protected institutional BTR portfolio with robust and diversified rental income. EQT Real Estate looks forward to partnering with the Sigma team to realise our shared vision over the coming years,” Peter Shacalis, EQT Real Estate Head of UK.