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 lets Barnsley Distribution Unit to Ardagh Glass

4 November 2019

M7 Real Estate, (“M7”) the pan-European investor and asset manager, has on behalf of M7 REIP V (the “Fund”) completed the leasing of a 162,000 sq ft warehouse unit at Carlton Industrial Estate in Barnsley, to Ardagh Glass. read more

M7 joins UK PropTech Association as Gold Member and is Platinum Sponsor of UK PropTech Awards 2019

31 October 2019

M7 Real Estate, the leading specialist in the pan-European, multi-let real estate market, has joined the UK PropTech Association as the latest Gold Member as well as a Platinum Sponsor of the UK PropTech Awards 2019. read more

M7 wins Warehouse Investor of the Year at the EuropaProperty.com CEE Investment Awards

30 October 2019

M7 Real Estate (“M7”) is pleased to announce that it has won Warehouse Investor of the Year at the EuropaProperty.com CEE awards 2019. read more