Key Takeaways
- • EQT Real Estate acquired a fully leased three-asset logistics portfolio from Prologis UK comprising DC1 at Nuneaton Bermuda Park and DC1 and DC2 at Rugby Central Park in Warwickshire, totalling approximately 909,000 square feet.
- • The portfolio is let to three major tenants—Haier, Continental, and Unipart—providing stable, contracted income across high-demand logistics hubs in the UK Midlands.
- • EQT Real Estate, formed through the 2021 combination of EQT and Exeter Property Group, operates a £44 billion gross asset value portfolio spanning over 470 million square feet across more than 2,000 properties globally, positioning this acquisition within a diversified institutional logistics strategy.
- • The transaction represents continued capital deployment by EQT Real Estate into stabilised, income-producing industrial assets in logistics-critical UK regions, though the purchase price was not disclosed.
Summary
EQT Real Estate has completed the acquisition of a three-asset, fully leased logistics portfolio from Prologis UK, expanding its UK industrial footprint in the strategically important Midlands region. The portfolio comprises DC1 at Nuneaton Bermuda Park and two data centre/distribution facilities (DC1 and DC2) at Rugby Central Park, both located in Warwickshire. The combined portfolio totals approximately 909,000 square feet of modern logistics space and is fully leased to three blue-chip tenants: Haier, Continental, and Unipart.
The Midlands logistics corridor continues to attract institutional capital due to its position as a UK distribution hub with strong connectivity to major motorway networks and consumer markets. EQT Real Estate's acquisition of stabilised, income-producing assets reflects the firm's strategy of acquiring high-quality, leased industrial properties in growth logistics markets. The transaction underscores Prologis's ongoing portfolio optimisation and EQT Real Estate's capacity to deploy capital into core logistics assets.
EQT Real Estate operates one of the world's largest real estate investment portfolios, with approximately £44 billion in gross asset value across 2,000-plus properties totalling over 470 million square feet. The firm was established through the 2021 combination of EQT and Exeter Property Group, creating a diversified global platform with significant exposure to logistics, commercial, and residential real estate. This acquisition exemplifies the firm's disciplined approach to acquiring fully leased, stabilised assets with creditworthy tenants in strategically located logistics hubs, supporting portfolio yield and risk mitigation objectives for its institutional investor base.
The Midlands logistics corridor continues to attract institutional capital due to its position as a UK distribution hub with strong connectivity to major motorway networks and consumer markets. EQT Real Estate's acquisition of stabilised, income-producing assets reflects the firm's strategy of acquiring high-quality, leased industrial properties in growth logistics markets. The transaction underscores Prologis's ongoing portfolio optimisation and EQT Real Estate's capacity to deploy capital into core logistics assets.
EQT Real Estate operates one of the world's largest real estate investment portfolios, with approximately £44 billion in gross asset value across 2,000-plus properties totalling over 470 million square feet. The firm was established through the 2021 combination of EQT and Exeter Property Group, creating a diversified global platform with significant exposure to logistics, commercial, and residential real estate. This acquisition exemplifies the firm's disciplined approach to acquiring fully leased, stabilised assets with creditworthy tenants in strategically located logistics hubs, supporting portfolio yield and risk mitigation objectives for its institutional investor base.
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