M&G Real Estate acquires 250,000 sq ft of industrial space in West Yorkshire and Hampshire

11 December 2017

London, 11 December 2017 - M&G Real Estate, one of the UK’s leading property investors, continues to grow its £2.4 billion industrials portfolio with two new industrial assets totalling over 250,000 sq ft. The acquisition of Maple & Confederation Park and Mill Lane Industrial Estate, purchased for £9.25 million and £7.72 million respectively, support Project King, a multi-let industrial portfolio owned by M&G Real Estate and managed by M7 Real Estate.

The 157,424 sq ft Maple & Confederation Park is located in one of Leeds city’s prime industrial heartlands within easy reach of the M621 while Mill Lane Industrial Estate provides 105,464 sq of accommodation close to Alton town centre and A31.

Chris Jeffs, Investment Manager at M&G Real Estate, says: “With the trend for same day or same hour delivery, urban logistics centres such these can help fulfil shorter delivery times while large efficient warehouses are required to handle large quantities of deliveries.

“Both estates are strategically located within markets that have a distinct lack of good quality industrial space and therefore, with active management, have excellent prospects for growth. We will continue to expand our King platform which, with the help of the team at M7, provides our investors with a uniquely diversified exposure to the industrial market.”

Alex Woodall, Divisional Director at M7 Real Estate, adds: "Both assets complement the existing King portfolio and provide an opportunity for us to work with M&G Real Estate to increase value through a combination of void reduction and rental growth. The assets provide excellent access to the UK motorway network and are strategically positioned to take advantage of the current supply versus demand dynamic."

M7 Real Estate passes full medical at Upper Parliament Street with letting to first General Practice Federation in Nottingham

13 April 2018

London, 13 April 2018 – M7 Real Estate (“M7”), the pan-European investor and asset manager, acting on behalf of M7 Real Estate Investment Partners III (“M7 REIP III”), has completed the letting of 11,256 sq ft to the Nottingham City General Practice Alliance (“NCGPA”), Nottingham’s first General Practice Federation, at Upper Parliament Street. read more

M7 Real Estate agrees record rent at Protea Way Industrial Estate, Letchworth Garden City

3 April 2018

London, 3 April 2018 - M7 Real Estate, the pan-European investor and asset manager, announces that, acting on behalf of investors, it has completed a leasing transaction of 5,749 sq ft at Protea Way Industrial Estate, Letchworth Garden City. read more

M7 Real Estate sells light industrial property in Sindelfingen to W2 Development

27 March 2018

Frankfurt, 27 March 2018 − M7 Real Estate (“M7”), the pan-European investor and asset manager, announces that it has sold a light industrial property in Sindelfingen, near Stuttgart on behalf of TEIF Germany S.à r.l., a property company owned by a US investment company. The purchaser is W2 Development GmbH, Stuttgart. read more