Announced
Completed
Financials
Tags
Completed
Friendly
Private Equity
Commercial REITs
Private
real estate investment
United States
Acquisition
Domestic
Majority
Single Bidder
Synopsis
EQT Partners completed the acquisition of Exeter Property, a real estate investment management firm, for $1.9bn. “Scaling EQT’s real estate platform has been a key priority for EQT Real Assets. The combination of Exeter and EQT’s existing real estate business is highly complementary and creates a leader in thematic value-add real estate investments, allowing EQT to scale up local execution while also adding a prolific single asset deal platform. Exeter is a hidden gem with very strong performance due to a clear operational mindset. We believe this is synergistic for both parties, with EQT able to bring multiple benefits to the Exeter business with the strength of our industry and client relationships and our future-proofed operating platform," Lennart Blecher, EQT Head of Real Assets and Deputy Managing Partner.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.