ING Provides $268 Million Acquisition Facility to EQT Real Estate for Logistics Portfolio
In New York, ING Capital LLC has confirmed providing a fully underwritten $268 million acquisition facility to EQT Real Estate's Core Plus Fund IV. This financing has facilitated the fund's purchase of 11 top-tier logistics assets, encompassing a total of 2.8 million square feet spread across six rapidly expanding US logistics hubs. This deal strengthens the existing partnership between ING and EQT Real Estate in the US and European arenas. The portfolio of 11 assets in question is fully leased.
