EQT Exeter completes USD 6.8 billion industrial portfolio sale - among the largest in US history
· One of the largest US industrial real estate transactions ever, the portfolio consists of 328 high-quality, modern supply chain and e-commerce facilities totaling 70.5 million square feet, assembled through more than 100 transactions over three years · EQT Exeter raised occupancy in the constructed and standing assets from 55 percent initially to 95 percent at sale and increased the average unleveraged yield on cost from 4.8 percent initially to 6.9 percent · EQT Exeter, with its unique operating capabilities in the industry, will continue to lease, property manage, and asset