M7 acquires £70 Million of UK retail warehouses for new Fund

20 August 2018

London, 20 August 2018 – M7 Real Estate (“M7”), the pan-European investor and asset manager, announces that it has launched M7 Real Estate Investment Partners VIII (“M7 REIP VIII” or the “Fund”), to target retail warehouse assets in the UK. M7 has made an initial acquisition of nine UK retail warehouse assets for £69.9 million and is under offer to acquire a further asset for £7.6 million.

These acquisitions, of one portfolio and two assets, are in line with the Fund’s strategy of investing in first and second generation retail warehouse assets in the UK.

The seed portfolio is 99% let to 30 tenants and comprises 630,896 sq ft across 31 units. The assets are located across the UK in Aintree, Blackpool, Castleford, Glasgow, Lowestoft, Nottingham, Pontefract, Wolverhampton, St Helens and Stoke-On-Trent. Tenants include The Range, B&M, Go Outdoors, Matalan and Iceland and the portfolio has a combined WALT of nine years.

Will Hunting, Senior Acquisitions Manager at M7, commented, “These assets are a great starting point for the fund and provide a strong, defensive and diversified income return whilst also offering multiple value-add opportunities.”

M7 goes green on its retail warehouse portfolio with Engenie partnership

6 November 2018

London, 6th November 2018 – M7 Real Estate Ltd (“M7”), the pan-European real estate investment and asset manager, is pleased to announce that it has entered into a partnership with Engenie to install electric vehicle (EV) rapid chargers across a number of M7’s out of town retail warehouse car parks, which is estimated to remove over 2.5 tonnes of harmful NOx from UK roads . read more

M7 acquires long let Eddie Stobart distribution warehouse asset at a 10% net initial yield

16 October 2018

London, 16 October 2018 - M7 Real Estate (“M7”), the pan-European investor and asset manager, announces that it has acquired, on behalf of M7 Real Estate Investment Partners VI (“M7 REIP VI” or the “Fund”), five adjacent warehouse units let on a long term lease to Eddie Stobart Ltd (”Eddie Stobart”) in Workington, Cumbria for £6.295 million, representing a net initial yield of 10% and a capital value per sq ft of £13.22. The asset has been acquired from.the Stobart Group. read more

M7 increases co-operation with Maskun Kalustetalo Ltd and is now fully let in Porvoo

1 October 2018

Helsinki, 1 October 2018 - M7 Real Estate (“M7”), the pan-European real estate investor and asset manager has, on behalf of M7 Real Estate European Investments Partners IV fund (“M7 EREIP IV”), signed a lease for 1,301 sq m of retail space with Maskun Kalustetalo Ltd (“Masku”) at Ratsumestarinkatu 5, Porvoo. M7 and Masku have previously co-operated when Masku opened a large store in Mäkikuumolantie 3, Hyvinkää earlier this year. read more