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Announced

Completed

GIC completed the acquisition of a logistics portfolio from EQT Exeter for €3bn.

Financials

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Transaction Value£2,556m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Sweden

Acquisition

France

Private

Private Equity

Germany

Majority

Friendly

Real Estate

Cross Border

Completed

Real Estate Holding and Development

Single Bidder

real estate portfolio

Synopsis

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GIC, a sovereign wealth fund, completed the acquisition of a logistics portfolio from EQT Exeter, a real estate investment manager, for €3bn. The deal, which marks EQT Exeter’s fifth multi-billion sale, continues its record as the leading logistics investment manager and landlord globally

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