EQT to acquire Stockbridge to expand real estate platform

Private equity firm EQT announced today it has agreed to acquire Stockbridge, a U.S.-based real estate investment manager. Stockbridge oversees approximately $16.5 billion in fee-generating assets under management and $27 billion in gross asset value.

The acquisition aligns with EQT Real Estate's strategic goal to build a more diversified and globally scaled platform, while maintaining its sector-specialist, local approach.

EQT Real Estate is expected to strengthen its position in industrial real estate investments and expand into other high-conviction traditional and alternative sectors through this deal.

Financial terms of the transaction were not disclosed. The deal is subject to customary closing conditions and regulatory approvals.