EQT Exeter Real Estate Income Trust, Inc. announced two strategic acquisitions, 3327 E Harrisburg Pike in Middletown, #Pennsylvania for over $170 million and 1500 Shoals Way in #Portland, Tennessee for $75 million. Both industrial properties were constructed last year and are fully leased by commercial tenants with each property carrying a 10 year lease. Capitalizing on its fresh start and lack of legacy issues, EQRT continues to pursue strategic acquisitions in line with market dynamics and in key U.S. submarkets seeing long-term growth. The 1,200,000 square-foot central Pennsylvania property is strategically positioned near the regional hubs of two major American shipping carriers and within a 5-mile radius of Harrisburg International Airport and the Norfolk Southern Rutherford Railyard. Due to this expansive transport and interstate highway network, the property lies in a critical distribution hub that offers easy access to the northeast U.S. population, including major coastal markets from Boston to #Washington, DC. The 638,000 square-foot Tennessee property is located near multiple highways. Half of the U.S. population lives within 650 miles or a 1-day trucking distance, including Nashville, one of the fastest growing markets in the U.S. Accessibility to both customers and prospective employees, in addition to advanced, onsite manufacturing capabilities, are important factors for industrial properties as some commercial tenants prioritize nearshoring their operations and expanding their local manufacturing footprint. “EQRT is investing in #America’s supply chain and will continue to focus on acquiring industrial real estate that supports the growth ambitions of our commercial tenants, which include major distributors and manufacturers,” said Ali Houshmand, EQRT Portfolio Manager. “We remain committed to our tenant-centric, vertically-integrated strategy. ” EQRT acquired the Pennsylvania and Tennessee properties with proceeds from the sale of $91,200,000 Class E units of its operating partnership to EQT Exeter Holdings US, Inc., an affiliate of EQRT’s sponsor, in addition to proceeds from debt financings. EQRT is externally advised by Exeter Property Group, LLC (“EQT Exeter”), the real estate division of EQT AB, a purpose-driven global investment organization. EQRT focuses on properties that can leverage EQT Exeter’s scale and long-standing direct leasing relationships with Fortune 1000 companies. EQRT will generally seek to invest approximately 80% in properties with business tenants, such as industrial or life science properties, and approximately 20% in #realestate assets with consumer users, such as multifamily or self-storage properties. EQT Group To share your startup story write us on - [email protected] #EQT #acquisition #news
About us
Startup Rise Europe is a startup media platform dedicated to providing a space for entrepreneurs and startups to share their journeys and stay updated with the latest trends in the European startup ecosystem. Our aim is to provide a comprehensive view of the startup landscape in Europe, highlighting the triumphs, challenges, and the relentless spirit of innovation that drives it. Startup Rise Europe provides up-to-date startup news, startup funding, and startup stories from different regions across Europe. Our platform serves as a hub for recent articles and updates, making it easier for our users to stay informed about the latest happenings in the European startup world.
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Updates
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European Startup Funding Roundup | August 12 – August 16 We compile a Weekly Startups Funding News Report summarizing all the startups that secured funding during the week. #weeklyroundup #fundraising #vcfunding #eustartup #weeklyfunding #weeklynews #startupfunding #fundingalert #europeanbusiness #investment #startup
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European Startup Funding Roundup | August 12 – August 16 We compile a Weekly Startups Funding News Report summarizing all the startups that secured funding during the week. Flower, Sling Money, Hexarad, Gaussion, FRVR, Eschatology Entertainment, Promethean Particles, Kognic, Roger, trumpet 🎺 #weeklyroundup #fundraising #vcfunding #eustartup #weeklyfunding #weeklynews #startupfunding #fundingalert #europeanbusiness #investment #startup
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#fundingalert 💼Company: SongPush 💰Funding: €2.94Million ⚡Round: Seed 👥Investors: Undisclosed SongPush is the much-needed link between social networking and music. For Musicians & Creators: No matter how many followers you have, you can still use your talents to support musicians by getting compensated for incorporating songs into your material. Stefan Kling, Christian Solmecke Read more - https://lnkd.in/giVM9zNw To share your startup story write us on - [email protected] #SongPush #socialnetworking #fundraising #startup #investment #news #europeanstartup
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#fundingalert 💼Company: Impactpool 💰Funding: $6.35 Million ⚡Round: Series A 👥Investors: Mediahuis and Fort Knox Förvaring AB Impactpool was established in 2015. Impactpool is a social enterprise based in Stockholm, Sweden. Impactpool is a specialized career platform that aims to offer optimal assistance to individuals seeking to pursue a career in firms driven by a specific goal. Markus Olsson, Patrick De Wachter, Magnus Bucht, Read more - https://lnkd.in/g6tQn_8B To share your startup story write us on - [email protected] #Impactpool #HRtech #fundraising #startup #investment #news #europeanstartup
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Top 10 Funding News of this Week Flower, Sling Money, Hexarad, Gaussion, FRVR, Eschatology Entertainment, Promethean Particles, Kognic, Roger, Colloidtek the top 10 Funding news of this week. To share your startup story write us on - [email protected] #startupfunding #startupnews #fundingnews #europe #news #europeanstartup #videography
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#fundingalert 💼Company: trumpet 🎺 💰Funding: $6.35 Million ⚡Round: Seed 👥Investors: Lightbird Ventures, Anamcara Capital, and TriplePoint Capital Ventures, AlbionVC. trumpet, With digital sales rooms, you can centralize your buyer journeys and conclude deals more quickly. collaborative, dynamic, and automatically customized environments. Envision a single location where you can house all of your marketing materials, proposals, mutual action plans, video and demo recordings, forms and surveys, e-signature, and more. In 2021, Andrew Webster(CPO), Nick Telson-Sillett (CMO), and 🎺 Rory Sadler (CEO) created Trumpet. Read more - https://lnkd.in/g-P8W-Nh To share your startup story write us on - [email protected] #trumpet #Saas #fundraising #startup #investment #news
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#fundingalert 💼Company: Flower 💰Funding: €25 Million ⚡Round: Series A 👥Investors: 82an Invest and Zebkei Invest John Diklev founded Flower in 2020 to assist clients that manage battery energy storage infrastructure, including businesses who operate fleets of electric cars, homeowners who own batteries, data centers, and solar and battery parks. When demand is high, it attempts to feed their stored electricity into the grid. Kristofer Fröjd, Davide Marietti Read more - https://lnkd.in/g3-rhkrw To share your startup story write us on - [email protected] #Flower #infrastructure #businesses #fundraising #startup #investment #news #startup
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JetLearn, a leading provider of online 1:1 coding, #robotics, and AI education for kids & teens, has announced a groundbreaking partnership with the NHS Staff Benefits Program. Recognised globally for its excellence in tech education, as evidenced by its top-most ratings on both Trustpilot and Google Reviews, JetLearn brings access to its acclaimed programs to the families of NHS staff members. This collaboration supports one of the UK's largest workforces by offering their children access to cutting-edge technology education. As part of this initiative, JetLearn is providing NHS staff members with an exclusive 15% discount on its #educational programs, enabling their children to master coding, explore robotics, and dive into the world of artificial intelligence. The partnership between JetLearn and the NHS stems from a shared commitment to innovation and support for hardworking professionals. With JetLearn as the trusted provider for NHS families, employees can access high-quality, #innovative tech education for their children. Abhishek Bahl, Jatin Luthra, Mohan Verma, Aamina Shoeb Read more - https://lnkd.in/ggwGRr6K To share your startup story write us on - [email protected] #JetLearn #NHS #Edtech #globally #artificialintelligence #Partnership #news #startup
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#fundingalert 💼Company: Hexarad 💰Funding: €13 Million ⚡Round: New Round 👥Investors: MTIP, Foresight Group In 2016, a group of consultant radiologists from the NHS formed Hexarad. Customers in Saudi Arabia, the UK, and Ireland can increase radiology capacity and solve the main factors contributing to diagnostic delays with the use of its teleradiology platform and proprietary software. The only complete radiology solution available is Hexarad. Matt McLoughlin, Katrin Vatiska, Farzana Rahman, Charles Niehaus, Sam Dumonteil, Amy Davis, Jaymin Patel Read more - https://lnkd.in/g_ctQR3P To share your startup story write us on - [email protected] #Hexarad #radiology #fundraising #startup #investment #news #startup
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