M7 completes sale of Oregon House, Prague following transformative asset management programme

5 February 2018

Prague, 5 February 2018 - M7 Real Estate Ltd (“M7”), the pan-European investor and asset manager, announces that it has completed the sale of Oregon House in Prague on behalf of M7 Central European Real Estate Fund I (“M7 CEREF I” or the “Fund”) to BHS German Real Estate Fund.

Oregon House is a 14,550 sq m modern office building prominently located in Prague’s 13th district. The property was originally acquired on behalf of the Fund in October 2016 with a high vacancy level of over 35%. M7 identified an opportunity to create value by undertaking an intensive asset management programme. This has led to five new leases, comprising 5,000 sq m of space. Current occupancy is approaching 85%. The rental values have been increased at an average of 14% ahead of ERV and the WALT has increased to over four years.

Paul Betts, MD Central Europe for M7 commented: “This sale demonstrates our ability to successfully identify attractive assets and execute a business plan to deliver excellent returns for our investors. Since acquiring the property in 2016, M7 has applied its market expertise as an investment and asset manager to transform the property, at the same time as significantly improving occupancy and rental tone.”

M7 CEREF I was advised by White & Case and ASB Group.

BHS was advised by HKDW, PWC and BNP Paribas Real Estate.

M7 Real Estate lets 2,350 sq m of logistics space in Gottmadingen

22 May 2018

Frankfurt, 22 May 2018 − M7 Real Estate (M7), the pan-European real estate investor and specialist asset manager, has let around 2,350 sq m of logistics space in Gottmadingen, near Konstanz in Baden-Wurttemberg. The new tenant of the property, at Industriepark 305, is Transco Süd GmbH Internationale Transporte. read more

M7 Real Estate partners with CREation

4 May 2018

London, 3rd May 2018 – M7 Real Estate (“M7”) is pleased to announce that it has become a partner to CREation, the free-to-join, inclusive property networking group. read more

M7 raises €30 million for first dedicated French Fund and acquires seed portfolio

2 May 2018

London, 2nd May 2018 - M7 Real Estate (“M7”), the pan-European real estate investor and asset manager, announces that it has raised its first dedicated French fund. M7 French Active Fund (“M7 FAF” or the “Fund”) has received investor commitments from high net worth, family office and institutional investors based in Asia, the USA and Europe for c.€30 million in a first close with a second close expected during the next quarter. Concurrently, M7 has made an initial acquisition of portfolio of 23 assets in Greater Paris for €60.15 million. read more