M7 Real Estate Investment Holdings grows portfolio with acquisition of £26 million of assets

22 February 2018

London, 22 February 2018 - M7 Real Estate (“M7”), the pan European investor and asset manager, announces that it has acquired a further eight assets from a number of vendors for a combined purchase price of £26.1 million on behalf of M7 Real Estate Investment Holdings (“M7REIH”). M7REIH is a wholly owned subsidiary of M7 Real Estate Limited and this latest transaction grows its portfolio to 100 assets, following the launch of M7REIH with the acquisition of a seed portfolio of 92 assets for £117 million in December 2017.

These eight new assets comprise 912,372 sq ft of space and consist of six multi-let industrial assets, a single-let distribution unit and a multi-let office park, located throughout the UK. They are 98% let to 25 tenants operating across a diverse range of sectors. The assets produce circa £2.3 million of passing rent per annum, representing an in place net initial yield of 8.3% and a reversionary yield of 13.5%. The combined WALT is approximately six years and tenants include Amazon, Bunzl, Howdens and Wolseley.

Will Hunting, Senior Acquisitions Manager for M7 UK Real Estate, said: “These transactions demonstrate our long standing track record in identifying assets, both on and off market, where there is scope to create further value. These assets grow M7REIH’s high quality and diversified income stream and present an opportunity to drive performance through active asset management. As well as providing the fund with credit diversification, the assets all share similar characteristics – strong real estate fundamentals in locations where, through M7’s existing platform experience, we have identified excellent supply and demand dynamics and scope to drive rents and income forwards, whilst also buying significantly below replacement cost.”

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

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 identified in London Stock Exchange Group’s ‘1000 Companies to Inspire Britain’ report for 2nd year running

21 May 2018

London, 21 May 2018 - M7 Real Estate (“M7”), the pan European investor and asset manager, announces that for the second year in succession it has been identified as one of the London Stock Exchange Group’s 1000 Companies to Inspire Britain. The report is an acknowledgement of the UK’s fastest-growing and most dynamic small and medium sized businesses. M7 is one of 19 real estate companies named in the report. read more