M7 fully lets Norquest Industrial Estate, Leeds setting new rental tone

11 January 2019

London, 11 January 2018 - M7 Real Estate (“M7”), the pan European investor and asset manager announces that, on behalf of a major fund, it has fully let Norquest Industrial Estate in Leeds at a new headline rental level of £5.50 psf.

The estate which comprises 146,221 sq ft of warehouse space is located in south west Leeds one mile from junction 27 of the M62 motorway and is part of an established industrial area known as Gelderb Industrial Estate which has proved popular with occupiers. Leeds city centre is approximately five miles away.

 

The property was acquired in a derelict condition and totally unoccupied. An active asset management plan was implemented which included a comprehensive refurbishment redeveloping the site to provide modern warehouse units together with pro-active marketing by local agents. All of the units were fully let in three separate transactions before the works were completed on leases of 10 years at £5.50 psf which is 10% above the previous rent.

James Chasen, Asset Manager at M7, commented; “This is a prime example of M7’s ability to transform a redundant scheme with pro-active asset management. The units were derelict and unmarketable but once we started on site with the works our marketing agents were able to identify suitable tenants in a short period of time.”

M7 successfully regears lease at Aveiras 4, Lisbon

27 May 2020

M7 Real Estate (“M7”), the pan-European investor and asset manager, announces that it has successfully regeared a lease with the existing tenant, Carreras, at Aveiras 4, on behalf of the M7 Portuguese Active Fund (“M7 PoRAF”). read more

M7 puts best foot forward to raise over €7,000 in 20 days for 87 different charities across Europe

26 May 2020

Over 160 members of the team at M7 Real Estate (“M7”), the pan-European investor and asset manager, have raised a total of more than €7,000 for 87 charities of their choice. read more

TTB acquires minority stake in M7 amid continued Asian appetite for European real estate

22 May 2020

TTB Partners, a Hong Kong based investment and advisory firm, today announced the acquisition of a minority stake in M7 Real Estate. The investment is the latest step in a wider collaboration between the two companies, as they seek to capitalize on the continued appetite from Asian investors for European real estate. TTB will utilize its own network of contacts in the region to access new capital pools looking to invest in UK and pan-European real estate, either through joint ventures or through investment funds. read more