EQT Real Estate and Pictet to acquire a majority stake in a residential estate in Mahlow.

EQT Real Estate, a major global real estate investment manager, and Pictet, an independent investment firm, agreed to acquire a majority stake in a residential estate in Mahlow, a portfolio of 17 buildings with 477 residential units and associated amenities. Financial terms were not disclosed. “This transaction exemplifies our European Living Strategy - acquiring and aggregating well-located residential properties and transforming them into high-quality, purpose-built homes that serve both tenants and investors. It reflects our conviction that well-connected suburban areas around Europe’s major cities will continue to offer compelling opportunities for modern, affordable living,” Tom Livelli, EQT Real Estate Partner and Head of Living Strategies.