- OUR POLICIES
- CORPORATE STRUCTURE & MANAGEMENT
- ENVIRONMENT & SUSTAINABILITY
- CORPORATE SOCIAL RESPONSIBILITY
- CODE OF ETHICS & ANTI-BRIBERY
- MODERN SLAVERY ACT STATEMENT
M7 Real Estate Ltd (“M7”) is a pan-European, specialist investor and asset manager of multi-let, commercial, high yield real estate. The firm is committed to the highest standard of corporate governance and making long term positive contributions to the environments in which it operates.
M7 strives for excellence in everything it does, from the people who are employed to the services it offers. This is represented in M7’s corporate decision-making and people management processes.
M7 aims to develop and put in place policies that are appropriate for the nature, scale and complexity of its business and the environment in which it operates.
M7 is headquartered in London from where the centralised support function, together with the asset management and the pan-European fund management functions are managed and controlled. These interface with the local country heads and asset management teams on the ground.
M7 is managed by its executive board of directors.
M7 is committed to best practice sustainability policies and helps its clients and partners to do the same by focusing on objectives such as:
- minimising the use of paper (for example, by double-siding all paper used) and identifying opportunities to reduce waste and promoting waste management on its premises and estates
- as far as possible, arranging for the reuse or recycling of office waste, including paper, computer supplies and redundant equipment
- reducing the energy consumption of office equipment by purchasing energy efficient equipment and good housekeeping
- promoting walking, cycling and/or using public transport to attend meetings, site visits etc, apart from in circumstances where the alternatives are impractical and/or cost prohibitive
- avoiding physically travelling to meetings etc where alternatives are available and practical, such as using teleconferencing, video conferencing or web cams, and efficient timing of meetings to avoid multiple trips; and
- promoting the use of public transport by locating offices in accessible locations
In relation to the assets it manages, M7’s standard policy is to carry out Phase 1 environmental reviews (and further Phase 2, where and if appropriate) on assets during purchase due diligence. This enables M7 to establish appropriate environmental management plans for all assets under management and in turn to minimise the impact on the local environment. Regular environmental audits review the environmental performance of each asset and engage with tenants to improve their operations from an environmental perspective.
M7 utilises its position to assist estate occupiers in reducing the levels of pollution generated. M7 achieves this through a number of waste management initiatives including: communal estate recycling facilities, reducing polluting releases from estates and the efficient use of building materials in refurbishments. Regular environmental audits review the current and potential sources of pollution generated by tenants and provide recommendations to manage these sources in line with current environmental legislation.
M7 is committed to helping the UK achieve the goals outlined within the Climate Change Act 2008 and aim to reduce the energy consumption both of M7 as a firm and asset manager.
M7’s Code of Ethics sets out rules and standards of behaviour and business conduct demanded of its employees. Compliance with the Code of Ethics is compulsory.
Please see the full Code of Ethics here.
Integrity is paramount and M7 maintain a zero-tolerance position on bribery and corruption. M7 staff are obliged to follow the firm's policy on Anti-Bribery.
Please see the full Anti-Bribery Policy here.
The concept of “modern slavery” encompasses behaviours such as forced, compulsory or coerced labour, deprivation of personal freedom or facilitating the movement of people for exploitation. Since the Modern Slavery Act 2015 (the “Act”) came into force in October 2015, large organisations doing business in the United Kingdom are required to produce (under section 54 (1)) a public “slavery and human trafficking statement”.
M7 Real Estate Ltd is a private limited company, incorporated in England and Wales with registered number 08614287. The Registered Office is at 10 Queen Street Place, London EC4R 1AG (“M7”, “We” or “Us”). M7 Real Estate Financial Services Ltd, a subsidiary company, is regulated by the Financial Conduct Authority (Firm Reference Number: 618047). M7 has offices in the United Kingdom, Croatia, the Czech Republic, Denmark, Finland, France, Germany, Hungary, Poland, Portugal, Slovakia, Luxembourg and the Netherlands.
Services and Supply
M7 is one of Europe’s leading investment fund managers and as of this statement’s date manage c. €8.3 billion assets under 25 operating mandates. The services M7 utilises itself are office based and its supply chain consists mainly of other regulated professional services (Chartered Surveyors, Law Firms, Accountancy Firms and Banks).
M7 considers these to be very low risk in relation to slavery and human trafficking so takes no specific action in respect to these relationships. Given that our business is the provision of professional services, the risk of Modern Slavery within our business generally or our supply chain is low but we are conscious that Modern Slavery occurs in different forms throughout the world (including the UK).
The majority of other services supplied to or on behalf of M7 are from the real estate industry in the UK and across Europe. Given the extremely low risk profile of anyone supplying us with services being involved in slavery and/or human trafficking, we believe that our current procedures and ability to rely on regulatory oversight in relation to professional services are sufficient. Those procedures remain under constant review.
The majority of goods supplied to M7 are those for use in an office environment. Given the low risk profile of suppliers of such goods, no specific training is provided or undertaken by M7 staff in relation to these matters.
Training of Staff
M7 aims to raise awareness of the Act by providing employees and management with training on a range of compliance matters including their obligations and responsibilities under the Act, particularly in relation to mitigating risks within supply chains where possible.
This statement was made on 13 May 2019.
Chief Operating Officer of M7 Real Estate Limited