M7 appoints Philip Cridge as Director in UK

31 July 2018

London, 31 July 2018 – M7 Real Estate Ltd (“M7”), the pan-European real estate investment and asset manager, announces the appointment of Philip Cridge as a Director in its UK team.

Philip will contribute to the development of the business plan for M7’s UK portfolio and asset management strategy, including new business initiatives to enhance the value and sustainability of the portfolio.

Philip has more than 14 years of real estate experience. He joins after 10 years at InfraRed Capital Partners, where he was Investment Director with sole responsibility for the investment and asset management of InfraRed’s pan-European industrial and logistics holdings, as well as select large office schemes. During his time at InfraRed, Philip was involved with the acquisition, management and disposal of c. 90 assets with a Gross Asset Value in excess of £1 billion on behalf of InfraRed’s four closed-ended value add funds and direct mandates.

Philip is a Chartered Surveyor and holds a LLB in Law from King’s College London.

John Murnaghan, M7 Real Estate’s Head of UK and Ireland, said: “Philip joins us at a tremendously exciting time in M7's growth. He brings extensive experience in the field of value-add industrial and logistics investment. His asset management track record will enhance our existing platform and we very much look forward to working with him.”

M7 sells Liget Centre in Hungary

9 May 2019

M7 Real Estate (“M7”), the pan-European investor and asset manager, announces that it has sold the Liget Centre, a grade A multi-let office building in Budapest, Hungary, on behalf of M7 Central European Real Estate Fund I (“M7 CEREF I” or the “Fund”) to WINGHOLDING Zrt. (“WING”), the leading property development and investment company in Hungary. read more

M7 acquires prominent Scottish industrial estate for new Middle Eastern separate account mandate

8 May 2019

M7 Real Estate (“M7”), the pan European investor and asset manager, announces the acquisition of Tweedbank Industrial Estate, the largest industrial estate in the Scottish Borders, on behalf of a new separate account mandate for a Middle Eastern sovereign wealth investor. The asset was acquired from funds managed by Catalyst Capital for £4.57 million, reflecting an initial yield of 8.62% and a capital value of £39 per sq ft. read more