London, 24 April 2018 - Following a landmark year for the business in 2017, I am very pleased that M7 Real Estate was awarded ‘Fund Manager of the Year’ at this year’s Property Awards.
The award recognises the continued growth and success of M7 in 2017, during which we doubled the size of the assets we manage on behalf a growing number of investors to c.€5bn; raised over €260m of new capital for our funds, including holding a second close for our largest ever fund; expanded into new territories in Luxembourg and Finland; and continued to collaborate with some of the leading investment firms in the world.
In addition to this, we delivered on our strategy of generating strong returns for our investors, maintaining our track record with an average geared IRR of 21.6% net of all fees and taxes and Equity Multiple of 1.81x on vehicles exited during 2017.
This is a major achievement for the business and I would like to extend my thanks to our investors and partners, but especially to my colleagues for their continued hard work and commitment, without which none of this would have been possible.
Chief Executive Officer