M7 sells Parkway Business Centre in North Wales to Stenprop

1 August 2019

M7 Real Estate (“M7”) the pan-European investor and asset manager, announces that, on behalf of M7 Real Estate Investment Partners VI, it has sold Parkway Business Centre in Deeside, North Wales for £2.13m reflecting a Net Initial Yield of 6.8%.

The estate, acquired by M7 in January 2017, comprises ten light industrial units totalling 31,862 sq ft with unit sizes ranging from 2,271 sq ft – 5,650 sq ft let to eight tenants. The sale follows the recent completion of three new leases all at £5.50 psf setting a new rental tone for the estate.

Mark Stanton Asset Manager at M7, commented: “Parkway Business Centre is a popular quality modern light industrial estate, and the yield achieved demonstrates the strong demand for this product is not abating. We are delighted to have realised a strong return on this asset.”

M7 significantly increases occupancy and value at two offices in Schiedam, Rotterdam

20 August 2019

M7 Real Estate (“M7”) the pan-European investor and asset manager has, on behalf of M7 EREIP IV, significantly increased the occupancy and value of two office buildings, Overschieseweg 200-232 and Overschieseweg 300-332, Schiedam, Rotterdam. read more

M7 secures 70,000 sq ft of new lettings at Brucefield Industry Park, Livingston

12 August 2019

M7 Real Estate (“M7”) the pan-European investor and asset manager has, since purchasing Brucefield Industry Park (“Brucefield”) in December 2018 on behalf of a major fund, completed new lettings on over 70,000 sq ft of space. This has increased occupancy to 83.1% (from 73.4%) and the WALT has improved to 5.1 years from 3.9 years. read more

M7 fully lets Air Cargo Centre, Castle Donnington, setting record new headline

5 August 2019

M7 Real Estate (“M7”) the pan-European investor and asset manager, announces that it has completed five new lettings totalling c. 50,500 sq ft at the Air Cargo Centre in Castle Donnington, which is now at full occupancy, on behalf of a global institutional investor. read more