EQT Raises €3.1 Billion for New European Real Estate Fund

EQT AB has raised €3.1 billion ($3.6 billion) for its latest European real estate fund despite a challenging fundraising climate for the wider sector.

The alternative asset manager exceeded its €2.5 billion target at its final close for the EQT Real Estate Europe Logistics Value Fund V, according to a statement Tuesday. The new fund is more than 40% larger than the predecessor, which closed with €2.2 billion in July 2021 and more than the fund’s original €2.5 billion target.