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EQT Fund Closes $1.2 Billion Purchase of US Logistics Portfolio from Rexford Industrial Realty

MT Newswires·09/17/2026 23:48:24
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11:48 PM EDT, 09/17/2026 (MT Newswires) -- EQT's (EQT.ST) EQT Real Estate Industrial Value Fund VI completed the $1.2 billion acquisition of a logistics portfolio in the US state of California from industrial property developer Rexford Industrial Realty. The portfolio transferred to the EQT Real Estate-managed fund has a total area of 5.2 million square feet, according to separate Thursday releases from the companies. It is 96% leased to 36 tenants with an average remaining lease term of 2.7 years, the Swedish private equity group noted. Rexford Industrial said the sale is part of its $2 billion portfolio realignment strategy involving the divestment of non-core assets.