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Sweden’s EQT Buys Exeter Property Group for $1.9 Billion

Private Equity Firm Expands Reach Into Europe, North America

In October, Exeter Property Group paid $99 million for a Home Depot distribution center in Savannah, Georgia, its largest purchase in 2020, according to CoStar data. (CoStar)
In October, Exeter Property Group paid $99 million for a Home Depot distribution center in Savannah, Georgia, its largest purchase in 2020, according to CoStar data. (CoStar)

Swedish private equity firm EQT has purchased Philadelphia-based Exeter Property Group in a $1.9 billion deal that gives it access to real estate markets in Europe and North America. Exeter is a global investor with more than $11 billion of assets under management as of last summer.

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