Swedish private equity firm EQT announced in its year-end 2024 report that it has discontinued its U.S. multifamily fund and also has “decided not to pursue further investments in the office and life sciences property sector for the time being.”

Formerly known as EQT Exeter, the company will use the EQT Real Estate brand going forward and focus “primarily” on industrial and logistics real estate.

PERE noticed that Chicago-based multifamily manager Redwood Capital Group, which EQT acquired in 2022, no longer has a working website. The profiles of some of its executives aren’t on EQT’s website any longer.

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