EQT raises €420m for debut European real estate fund

摘要

EQT closed its first real estate fund this week, raising €420m (£370m) for investment in "gateway cities in western Europe". The Swedish private equity firm's real estate team is led by Edouard Fernandez and Robert Rackind, who co-founded Wainbridge, which realised its Global Opportunities London Fund this year, generating a bumper annual return of 20.7% for investors.