By Cristina Roca

EQT AB said Wednesday that EQT Exeter has closed the sale of a logistics real-estate portfolio for three billion euros ($3.39 billion).

The Swedish-listed investment company said the deal is one of the largest industrial real-estate transactions made in Europe.

The portfolio consists of 132 logistics properties across Western and Central Europe, serving the supply chains of major companies. They include facilities for "big box" regional distribution, e-commerce fulfillment and last-mile delivery.

The deal was conducted on behalf of EQT Exeter's private real-estate fund, EQT Exeter European Value Venture III.

"We look forward to our continued collaboration with the buyer, which has engaged us to continue managing and leasing the properties," the company said.

Write to Cristina Roca at cristina.roca@wsj.com

(END) Dow Jones Newswires

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