EQT Real Estate acquires residential estate near Berlin

EQT Real Estate, through its European Living Strategy, has acquired a residential estate comprising 17 buildings and 477 residential units in Mahlow, located on the southern edge of Berlin. 

Mahlow - EQT Real Estate

This transaction, conducted jointly with Pictet Alternative Advisors, marks a significant expansion of EQT's footprint in Germany's residential market.
The acquired estate encompasses approximately 34,000 m2, featuring 477 residential units, 6 commercial units, and 520 parking spaces. Situated in the suburban community of Mahlow, the property offers high-quality living with convenient direct rail access to Berlin's city centre. Furthermore, it benefits from its proximity to several recent infrastructure developments around the city, including the Berlin Brandenburg Airport.
This acquisition aligns with EQT Real Estate’s European Living Strategy, which targets the creation of high-quality, modern, and affordable homes in urban areas experiencing supply constraints. The strategy focuses on properties that offer stable, long-term value creation opportunities.
Dave O’Brien, director of German Living Strategies at EQT Real Estate, said: “Given the sector’s strong fundamentals and stable demand, we believe the time is right to pursue further attractive opportunities in the country. The portfolio, sourced through our strong local relationships, offers attractive value-add potential within commuting distance to Berlin - an area benefiting from population growth, improved infrastructure, and a strong mix of amenities. Beyond Berlin, we see similar opportunities across Germany’s major metropolitan regions, where limited new supply and growing demand are creating compelling conditions for investment in well-connected areas with strong social infrastructure.”
Tom Livelli, partner and head of Living Strategies at EQT Real Estate, commented: “This transaction exemplifies our European Living Strategy - acquiring and aggregating well-located residential properties and transforming them into high-quality, purpose-built homes that serve both tenants and investors. It reflects our conviction that well-connected suburban areas around Europe’s major cities will continue to offer compelling opportunities for modern, affordable living.”
Charles Legendre, investment manager – multi-manager Real Estate at Pictet Alternative Advisors, added: "We are pleased to collaborate with EQT Real Estate on the 'Living' theme in Germany, which aligns with our shared commitment to addressing local housing needs with well-situated and functional housing options. This investment also reflects our emphasis on geographic and sector diversification on behalf of our clients, which we expect to remain essential amid ongoing global macroeconomic shifts.”
EQT Real Estate was advised by Mittelstein Rechtsanwälte, Grant Thornton, and Reelab.