M7 Real Estate acquires €140 million of assets for EREIP IV

11 July 2018

London, 11 July 2018 - M7 Real Estate (“M7”), the pan European investor and asset manager, announces that it has recently completed the acquisition of €140 million of assets on behalf of M7 European Real Estate Investment Partners IV (“M7 EREIP IV” or the “Fund”), its largest fund to date, with a further €35 million of assets expected to complete over the summer. These acquisitions comprise 68 assets and are being acquired through a combination of portfolio and individual transactions and total 331,000 sq m across Denmark, Germany and the Netherlands.

The Fund’s final close was in November 2017 which saw a total of €400 million raised from a broad investor base, including from the US, Hong Kong and Middle East. These final acquisitions will result in a total AUM for the Fund of approximately €800 million invested in high yielding, value-add regional real estate in Scandinavia, Germany, The Republic of Ireland and the Netherlands.

The total portfolio, which will be managed by M7 through its pan-European platform, will comprise 1.3 million sq m across 212 multi-let office and industrial assets with a weighted average lease term of 4.2 years and a vacancy of 17.1%. M7 has identified a number of asset management initiatives to improve the occupancy, performance and value of the portfolio.

Richard Croft, Chief Executive of M7 Real Estate, commented: “Fully investing M7’s largest fund to date will mark a major milestone for us. Since completing the Fund’s final close, M7 has demonstrated its capability to leverage its pan-European investment and asset management platform to successfully deploy investor capital into an identified pipeline of income producing, value-add real estate. The portfolio presents a compelling opportunity to add value and generate attractive returns for our investors by applying our asset management expertise.”

M7 Real Estate enters Northern Ireland with Belfast office acquisition

18 July 2018

London, 18 July 2018 - M7 Real Estate (“M7”), the pan-European investor and asset manager, has acquired an office property at 20 Adelaide Street, Belfast for £2.4 million, on behalf of M7 Real Estate Investment Partners III (“M7 REIP III”). The asset, which comprises 21,021 sq ft, represents M7’s first investment in Northern Ireland and is being acquired from receivers Ernst and Young following a two-stage bidding process. read more

M7 Real Estate acquires €140 million of assets for EREIP IV

11 July 2018

London, 11 July 2018 - M7 Real Estate (“M7”), the pan European investor and asset manager, announces that it has recently completed the acquisition of €140 million of assets on behalf of M7 European Real Estate Investment Partners IV (“M7 EREIP IV” or the “Fund”), its largest fund to date, with a further €35 million of assets expected to complete over the summer. These acquisitions comprise 68 assets and are being acquired through a combination of portfolio and individual transactions and total 331,000 sq m across Denmark, Germany and the Netherlands. read more

M7 Real Estate signs six new tenants at Zagreb’s Mani Business Centre taking occupancy to 91%

18 June 2018

Croatia, 18 June 2018 - M7 Real Estate (“M7”), the pan European investor and asset manager, announces that it has agreed six new lettings across circa 5,000 sq m of space at Mani Business Centre in Zagreb, Croatia. As a result of M7’s turnaround strategy for the property, the number of tenants has increased from 12 to 19, significantly improving the occupancy to 91% from 54% on acquisition. New tenants include a wide range of businesses including a facilities management service provider to construction and IT industry operators. read more