M7 completes 62,000 sq ft of lettings in Colchester

28 November 2018

London, 28th November 2018 - M7 Real Estate (“M7”), the pan-European investor and asset manager, announces that, acting on behalf of a major institutional fund, it has completed the letting of a total of 62,000 sq ft, across two units, on Severalls Business Park, Colchester.

The units were acquired in late 2017 as a single unit in a severely dilapidated condition and had stood vacant for a significant period. The decision by M7 to divide the unit into two and undertake a comprehensive refurbishment resulted in a materially improved level of occupational interest. Indeed, both units went under offer prior to practical competition of the works.

Phoenix Aromas have taken 36,000 sq ft on a 15-year term, relocating from premises in Loughton, whilst Vegtrug have taken the remaining 26,000 on a 10-year term, expanding from premises nearby. Both lettings were at headline rents of £6.75 per sq ft.

Daniel Roberts, Senior Asset Manager at M7 Real Estate commented: “These lettings represent an excellent outcome for M7 and facilitate investment and job growth for Colchester. The decision to refurbish and split the units was central to attracting international calibre tenants and to setting market leading rental levels, which were c.25% higher than when last occupied.”

M7 acquires €45 million of office assets for new €120 million Polish fund

8 April 2019

M7 Real Estate (“M7”), the pan-European investor and asset manager, announces that, on behalf of M7 Polish Active Fund (“M7 POLAF” or the “Fund”), it has acquired three multi-let office assets in Poland in separate transactions for a total of €45 million which will form the first tranche of capital deployed for the Fund. read more

M7 closes retail warehouse fund with acquisition of five assets for £24.8 million

4 April 2019

M7 Real Estate (“M7”), the pan-European investor and asset manager, announces that, on behalf of M7 Real Estate Investment Partners VIII (“M7 REIP VIII” or the “Fund”), it has acquired a total of five retail warehouse assets for £24.8 million reflecting an in place net initial yield of 8%. read more

M7 Real Estate completes €75 million of disposals in Central Europe maintaining AUM at €285 million

11 March 2019

M7 Real Estate (“M7”), the pan-European investor and asset manager, announces that it has completed €75 million of disposals across Central Europe in 2018 on behalf of both in house funds and third party mandates. M7 maintained Assets Under Management in Croatia, the Czech Republic, Hungary, Slovakia and Poland at €285 million, with a portfolio comprising 375,000 sq m of multi-let office and industrial space. In addition, M7 completed circa 50 leasing events, including new leases and lease re-gears. read more