M7 significantly increases rental income at Quinta do Marchante, Lisbon

17 February 2020

M7 Real Estate (“M7”), the pan-European investor and asset manager, announces that it has granted a new ten-year lease to its tenant in Quinta do Marchante, Lisbon, on behalf of M7 Portuguese Active Fund (“M7 PoRAF”). As a result, the rental income has increased more than 30%.

The asset, located in Quinta do Marchante, Prior Velho, is five minutes from Lisbon’s International Airport and 8 km from Lisbon City Centre. Prior Velho is a consolidated area of services related to the airport, consisting of offices and warehousing, with direct connection to the A1 (North highway) and easy access to 2ª circular (Lisbon’s City Centre).

The tenant is a specialist logistics and distribution company operating in the Iberian Region and has occupied the 8,030 sq m space (comprising a 1,430 sq m recently refurbished office and 6,600 sq m warehouse) since 2014. Nearby occupiers include BP, Hertz, Sixt, UPS and DHL.

João Salema Garção, Asset Manager at M7, commented: “We are very pleased with the progress of our asset management of this asset. Following its purchase in September 2019, we began our investment plan and in December 2019 we secured a new ten year lease with the current tenant, achieving a significant increase in the rent (which was also above market expectations).

“This letting reflects the dynamism and sturdiness of the occupational market, particularly highlighting the growing trend for last mile warehouses and the substantial increase of e-commerce in Portugal. The building is currently circa 90% occupied and full occupancy is anticipated shortly. We are delighted to be able to implement our business plan ahead of schedule thereby significantly improving the income returns for our investors.”

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