EQT Real Estate has expanded its presence in the UK logistics market through the acquisition of six prime properties from Tritax Big Box REIT plc. The portfolio covers approximately 1.6 million square feet of Grade A space. The assets are located across key distribution points in Leamington Spa, Didcot, Peterborough and Kettering.

The investment was made through the EQT Real Estate Europe Logistics Value Fund V. This move aligns with the firm’s wider European strategy. This strategy focuses on markets with limited supply that benefit from the growth of online retail, supply chain updates and the rising demand for quick deliveries.

All the properties are fully occupied following the completion of the lease at Leamington I. The tenant base spans multiple sectors, including logistics, e-commerce, publishing, healthcare and consumer goods. The sites are positioned near major transport links such as the M40, A14 and A1(M). These routes connect major cities including London, Birmingham and Edinburgh, offering access to large population centres.

The acquired buildings are modern properties that feature large loading yards and high clear heights. They also have solid environmental credentials, with most of the properties holding an Energy Performance Certificate (EPC) A rating. This portfolio adds to the existing European logistics holdings of the firm across consumption hubs and major distribution corridors.

Jonathan Mackie, Managing Director at EQT Real Estate, said: “We continue to see attractive long-term opportunities in European logistics, supported by structural trends including the growth of online retail, supply chain optimization and increasing demand for efficient distribution space close to major population centers. This acquisition expands our growing UK logistics footprint and complements our broader European logistics portfolio across established distribution markets.”

The company targets high-quality logistics real estate in areas with limited supply. These locations generally experience steady tenant demand and potential for long-term rental growth.