IPOGrid
0001946997
IPO filing research
EQT Exeter Real Estate Income Trust, Inc.
Real Estate Investment Trusts
follow-on
filed
S-11
EQT Exeter Real Estate Income Trust, Inc. IPO research page with SEC filing history, offering status, deal terms, structured filing extracts, company news, and comparable IPO context. Latest filing: S-11 on 2026-07-29.
Filing Timeline
SEC EDGAR
S-11
filed
Real estate registration statement
Registration statement filed for a real estate issuer or REIT offering.
Follows DRS/A in the pre-IPO sequence.
4,500,000,000 shares · Gross proceeds $3,500,000,000
Class T, Class S, Class D, Class I · Use of proceeds Acquisitions, working capital, and operational expenses · Underwriters best_efforts
2026-07-29 · 0001193125-26-323612
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows DRS/A and confirms the priced prospectus.
2026-07-15 · 0001946997-26-000012
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows DRS and confirms the priced prospectus.
2026-06-15 · 0001193125-26-270662
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
First tracked pre-IPO filing for this issuer.
2026-05-14 · 0001193125-26-223429
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows EFFECT and confirms the priced prospectus.
Gross proceeds $5,000,000,000
Class T, Class S, Class D, Class I · Use of proceeds Invest in commercial real estate, operational expenses, and other fees · Flags best_efforts
2026-04-24 · 0001193125-26-176725
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows 424B3 and marks the registration effective.
2026-04-23 · 9999999995-26-001302
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
T, S, D, I, A-I, A-II · Flags units
2026-04-15 · 0001193125-26-156548
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2026-03-23 · 0001193125-26-119373
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $10.92 · Gross proceeds $6,231,258
Class T · Class E Units · Use of proceeds Proceeds from the primary offering are intended for acquisitions, working capital, and other general corporate purposes. · Flags units
2026-03-16 · 0001193125-26-108481
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2026-02-27 · 0001193125-26-080860
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2026-02-12 · 0001193125-26-048471
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2026-01-15 · 0001193125-26-013794
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Common · Use of proceeds To fund the acquisition of the Torrance Property.
2025-12-30 · 0001193125-25-336839
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2025-12-15 · 0001193125-25-318921
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2025-11-17 · 0001946997-25-000162
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $10.77 · 5,000,000,000 shares · Gross proceeds $5,078,258
Class I · Use of proceeds Proceeds from primary offering used for acquisitions, working capital, and general corporate purposes.
2025-10-15 · 0001946997-25-000149
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Gross proceeds $4,874,929
of our share classes once we have share · Use of proceeds Acquisitions, working capital, and general corporate purposes · Flags units
2025-09-15 · 0001946997-25-000140
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $10.73 · Gross proceeds $4,773,929
Class I · Use of proceeds Acquisitions, working capital, and other general corporate purposes · Flags units
2025-08-15 · 0001946997-25-000124
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2025-07-15 · 0001946997-25-000108
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $10.68 · 336,488 shares · Gross proceeds $3,504,929
Class I · Ticker EQT · Class E Units · Use of proceeds General corporate purposes · Flags units
2025-06-16 · 0001946997-25-000094
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $10.61 · Gross proceeds $3,069,929
Class I
2025-05-15 · 0001946997-25-000080
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows EFFECT and confirms the priced prospectus.
2025-04-21 · 0001104659-25-036672
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows 424B3 and marks the registration effective.
2025-04-18 · 9999999995-25-001145
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $10.50 · Gross proceeds $2,830,329
Class I · Exchange NASDAQ · Ticker EQT · Class E Units · Use of proceeds for general corporate purposes, including acquisitions and working capital · Flags units
2025-04-15 · 0001946997-25-000059
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2025-03-28 · 0001104659-25-029222
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2025-03-17 · 0001946997-25-000041
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2025-02-28 · 0001946997-25-000030
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $10.65 · Gross proceeds $2,525,829
Class I · Use of proceeds Acquisitions, working capital, and investments in real estate · Flags units
2025-02-18 · 0001946997-25-000028
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2025-01-15 · 0001946997-25-000013
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Gross proceeds $1,443,700
T, S, D, I, A-I, A-II · Flags units
2024-12-17 · 0001946997-24-000137
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows EFFECT and confirms the priced prospectus.
Price $10.66 · Gross proceeds $1,072,600
of our share classes once we have share · Class E units · Use of proceeds primary offering proceeds for company use · Flags units
2024-11-15 · 0001946997-24-000124
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows EFFECT and marks the registration effective.
2024-10-31 · 9999999995-24-003324
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows 424B3 and marks the registration effective.
2024-10-16 · 9999999995-24-003195
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Flags units
2024-10-16 · 0001946997-24-000109
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2024-10-15 · 0001946997-24-000099
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $10.05 · Range $10.05 to $10.05 · Gross proceeds $525,000
of our share classes once we have share · Use of proceeds Proceeds from the primary offering are used for general corporate purposes and investments · Flags units
2024-09-16 · 0001946997-24-000089
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2024-08-16 · 0001946997-24-000074
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
2024-07-15 · 0001946997-24-000046
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
This prospectus supplement updates the April 19, 2024 prospectus for EQT Exeter Real Estate Income Trust, Inc., disclosing the transaction price for all common stock classes as of July 1, 2024, the May 31, 2024 net asset value (NAV) per unit/share, and the status of the ongoing public offering. The supplement highlights that no shares have been sold yet, with transaction prices set at $10.03 per share across all classes, and includes valuation sensitivity analysis for real estate holdings.
2024-06-17 · 0001104659-24-072240
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
The current filing for EQT Exeter Real Estate Income Trust, Inc. updates the Net Asset Value (NAV) per share at $10.00 as of April 30, 2024, reflecting consistent NAV calculations across Class E units and shares. The filing confirms the ongoing public offering of up to $5.0 billion in shares, with no shares sold to date, and includes a quarterly report for the period ended March 31, 2024. The company remains externally managed by Exeter Property Group, LLC, an affiliate of EQT AB, and continues to focus on stabilized commercial real estate investments.
2024-05-15 · 0001628280-24-023420
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows EFFECT and confirms the priced prospectus.
Range $9.99 to $10.34 · Gross proceeds $5,000,000,000
Class T, Class S, Class D, Class I · Use of proceeds to invest in commercial real estate properties · Flags best_efforts
EQT Exeter Real Estate Income Trust, Inc. is offering up to $5 billion in common stock through a continuous offering, including a $4 billion primary offering and a $1 billion distribution reinvestment plan. The offering includes four share classes (T, S, D, I) with varying fees and distribution structures. The company, externally managed by Exeter Property Group, LLC, aims to qualify as a REIT starting 2024 but currently faces corporate tax rates. The offering is a 'best efforts' structure without guaranteed sales volume.
2024-04-22 · 0001104659-24-049932
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows 424B3 and marks the registration effective.
The current filing confirms the effectiveness of EQT Exeter Real Estate Income Trust, Inc.'s registration statement, allowing the company to proceed with its public offering of up to $5.0 billion in common stock. The previous 424B3 filing provided details on NAV calculations, transaction prices for share classes, and the status of the offering, which remains active with no shares sold as of April 2024.
2024-04-19 · 9999999995-24-001041
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $9.99 · Range $9.99 to $9.99
T, S, D, I, A-I, A-II · Flags units
The current filing updates the transaction price for all common stock share classes as of May 1, 2024, provides the March 31, 2024 net asset value (NAV) per share, and confirms the ongoing public offering remains unsold. The NAV calculation methodology and share class pricing details are disclosed, with no shares of certain classes having been issued yet.
2024-04-15 · 0001628280-24-016146
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
The current filing updates the prospectus by including EQT Exeter Real Estate Income Trust, Inc.'s Annual Report on Form 10-K for the year ended December 31, 2023, and revises the 'Experts' section to reference KPMG LLP as the independent auditor. This follows a previous supplement that detailed the company's acquisition of an industrial property in Texas, a subscription agreement with an affiliate of the Sponsor, and amendments to various plans and agreements.
2024-03-29 · 0001628280-24-013745
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $10.00 · Gross proceeds $62,200,000
Class E · Class E units of the Operating Partnership · Use of proceeds Acquisition of industrial property in Georgetown, Texas · Flags units
The current filing updates the prospectus for EQT Exeter Real Estate Income Trust, Inc.'s public offering, detailing the acquisition of an industrial property in Georgetown, Texas, a subscription agreement with the Sponsor's affiliate, and amendments to capital stock disclosures, advisory agreements, and share repurchase plans. The offering has met minimum thresholds in all jurisdictions except Pennsylvania, allowing escrow to be broken, with ongoing monthly share offerings planned.
2024-03-25 · 0001628280-24-012870
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Class E · Use of proceeds for general corporate purposes, including acquisitions and debt repayment
The current filing updates the status of EQT Exeter Real Estate Income Trust, Inc.'s public offering, revises suitability standards for Kansas investors, and includes the quarterly report for the period ended September 30, 2023. The offering remains ongoing but has not yet met the minimum offering amount or broken escrow. The company has not commenced principal operations and relies on sponsor commitments to meet offering thresholds.
2023-11-01 · 0001628280-23-035867
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Class E · Exchange NMS · Ticker EQTX · Use of proceeds Not explicitly stated in filing · Flags foreign_private_issuer
The current filing is a prospectus supplement for EQT Exeter Real Estate Income Trust, Inc., incorporating its Q3 2023 10-Q. The company, formed in 2022, has not yet commenced operations, with all assets consisting of cash. The supplement highlights financials, including a net loss of $965, and details the ongoing $5B common stock offering with Class T, S, D, I, and E shares. The company remains externally managed by Exeter Property Group, LLC, with EQT AB as the sponsor.
2023-08-31 · 0001628280-23-031127
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows EFFECT and confirms the priced prospectus.
EQT Exeter Real Estate Income Trust, Inc. is a newly formed REIT seeking to raise up to $5 billion through a continuous offering of common stock, with a minimum offering of $25 million. The trust is externally managed by Exeter Property Group, LLC, and aims to qualify as a REIT starting 2024. The offering includes four share classes with varying fees and distribution structures, and funds will be held in escrow until the minimum offering is met. The company emphasizes its reliance on the Adviser for operations and highlights risks associated with its 'blind pool' structure, lack of liquidity, and potential failure to meet REIT requirements.
2023-08-02 · 0001104659-23-086654
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows S-11 and marks the registration effective.
EQT Exeter Real Estate Income Trust, Inc. is a newly organized REIT focused on investing in stabilized, income-oriented commercial real estate in the U.S. The company is externally managed by Exeter Property Group, LLC, an SEC-registered adviser affiliated with EQT AB. The trust is offering up to $5 billion in common stock through four classes, with varying fees and distribution structures. The offering is a 'blind pool,' meaning investments will be made without prior evaluation. The trust anticipates qualifying as a REIT by 2024 but will be taxed as a regular corporation until then. No public trading market exists for its shares, and liquidity is limited to repurchase plans.
2023-08-01 · 9999999995-23-002245
S-11
filed
Real estate registration statement
Registration statement filed for a real estate issuer or REIT offering.
Follows DRS/A in the pre-IPO sequence.
Price $10.00 · 500,000,000 shares · Gross proceeds $5,000,000,000
Common Stock · Operating Partnership Units · Use of proceeds Investment in commercial real estate · Flags units, best_efforts
EQT Exeter Real Estate Income Trust, Inc. is a newly organized real estate investment trust (REIT) focused on investing in stabilized, income-oriented commercial real estate in the U.S. The company is externally managed by Exeter Property Group, LLC (the 'Adviser'), an affiliate of EQT AB ('EQT' or the 'Sponsor'). The trust is offering up to $5 billion in common stock through a continuous offering, including four share classes (Class T, S, D, I) with varying fees and distribution structures. The offering is a 'blind pool,' meaning investments will be made without prior shareholder approval. The trust intends to elect REIT status starting in 2024 but will be taxed as a regular corporation until then.
2023-07-07 · 0001104659-23-079072
DRS/A
amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS/A filing.
EQT Exeter Real Estate Income Trust, Inc. is a newly formed REIT focused on investing in U.S. commercial real estate, externally managed by Exeter Property Group, LLC. The current filing amends its initial registration statement, adjusting the minimum offering amount from $150M to $25M and introducing a Pennsylvania-specific escrow arrangement. The offering structure includes four share classes (T, S, D, I) with varying fees and distribution terms, with shares priced based on net asset value (NAV) after escrow release. The trust aims to qualify as a REIT by 2024 but currently operates under regular corporate tax rates.
2023-06-09 · 0001104659-23-069799
DRS/A
amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS filing.
EQT Exeter Real Estate Income Trust, Inc. is a newly organized REIT focusing on stabilized, income-oriented commercial real estate in the U.S., externally managed by Exeter Property Group, LLC. The company is offering up to $5 billion in common stock through a continuous offering, including four share classes (T, S, D, I) with varying fees and distribution structures. The offering is a 'blind pool,' with no prior operating history, and relies on escrow funds to commence operations. Post-escrow, share prices will align with monthly net asset values (NAV), subject to valuation subjectivity and liquidity risks.
2022-12-23 · 0001104659-22-129798
DRS
filed
Draft registration statement
Draft registration filed confidentially before the public launch.
First tracked pre-IPO filing for this issuer.
EQT Exeter Real Estate Income Trust, Inc. is a newly organized real estate investment trust (REIT) seeking to raise up to $5 billion through a continuous offering of common stock. The trust is externally managed by Exeter Property Group, LLC, an affiliate of EQT AB, and focuses on stabilized, income-oriented commercial real estate in the U.S. The offering includes four share classes with varying fees and distribution structures, and the trust is structured as a 'blind pool' with no prior operating history.
2022-10-17 · 0001104659-22-109361
Comparable Deals
1 comparable deal
FinancialsMega (>$1B)Last 18 months
Only 0 strict matches; expanded to 1 using nearest neighbors.
Recent News
No recent news stored for this issuer.