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EQT Engages Morgan Stanley For Potential Real Estate Business Sale

EQT has reportedly engaged Morgan Stanley to explore the possibility of selling Idealista, a leading Spanish online real estate portal.

EQT is a prominent Swedish private equity firm. Photo: Morgan Stanley signage outside a building in New York, U.S. Photo: Getty Images
EQT is a prominent Swedish private equity firm. Photo: Morgan Stanley signage outside a building in New York, U.S. Photo: Getty Images

An insider, closely familiar with the development, shared that the potential valuation of Idealista could be around 2.5 billion euros ($2.69 billion), debt included.

However, it’s important to note that these plans are in the early stages, and the likelihood of a sale is not yet certain.

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