Prime Highlight
- EQT Real Estate has acquired a 477-unit residential estate in Mahlow, strengthening its presence in the German housing market.
- The deal supports EQT’s strategy of providing modern and affordable homes in well-connected metropolitan areas with strong demand.
Key Facts
- The estate includes 17 residential buildings, six commercial units, and 520 parking spaces near Berlin with direct train access.
- The acquisition was supported by Mittelstein Rechtsanwälte (legal), Grant Thornton (tax), and Reelab (technical services).
Background
EQT Real Estate has agreed to buy a 477-unit residential estate in Mahlow, a well-connected suburb on the southern edge of Berlin. The deal, completed with Pictet Alternative Advisors, represents a major step in EQT’s expansion under its European Living Strategy and strengthens its position in one of Europe’s most competitive housing markets.
The estate has 17 residential buildings covering about 34,000 square meters, plus six commercial units and 520 parking spaces. The property is close to Berlin, has direct train access, and is near major facilities like Berlin Brandenburg Airport.
The purchase helps EQT Real Estate offer modern and affordable housing in big cities where new homes are limited. Over the past five years, the company has expanded across Europe, investing in both rental housing and student accommodation.
Both EQT and Pictet said the purchase reflects their shared goal of investing in well-located suburban areas with good social infrastructure and stable rental demand. With high demand and not enough housing, the German residential market remains attractive to large investors.
EQT received legal advice from Mittelstein Rechtsanwälte, tax support from Grant Thornton, and technical services from Reelab for the acquisition.
Dave O’Brien, Director of German Living Strategies at EQT Real Estate, said the deal represents a meaningful step forward for the firm in Germany. He highlighted that the portfolio offers strong value-add potential in an area benefiting from population growth, growing infrastructure, and better amenities. He added that EQT sees similar opportunities across other major German cities facing sustained demand and limited new housing supply.
Tom Livelli, Partner and Head of Living Strategies at EQT Real Estate, noted that the transaction reflects the company’s approach of acquiring and improving residential properties to deliver high-quality homes that serve both tenants and long-term investors. He said that well-connected suburbs near major European cities will continue to provide good opportunities for modern and affordable housing.
Pictet Alternative Advisors also supported the partnership, noting that the investment helps meet local housing needs and fits with its goal of building a diversified, long-term portfolio across different regions and sectors in a changing global market.
