The private equity giant is banking on industrial, office and life science properties in the U.S. and Europe. : Swedish private equity firm EQT AB is making a major move into North American real estate by snapping up U.S.-based Exeter Property Group in a $1.87 billion deal, gaining control of a business with more than $10 billion of assets under management. Through the transaction, Stockholm-based EQT, which had EUR 52 billion ($63.6 billion) under management at the end of 2020, will acquire 100 percent of Exeter’s management company.