M&G Real Estate acquires 250,000 sq ft of industrial space in West Yorkshire and Hampshire

11 December 2017

London, 11 December 2017 - M&G Real Estate, one of the UK’s leading property investors, continues to grow its £2.4 billion industrials portfolio with two new industrial assets totalling over 250,000 sq ft. The acquisition of Maple & Confederation Park and Mill Lane Industrial Estate, purchased for £9.25 million and £7.72 million respectively, support Project King, a multi-let industrial portfolio owned by M&G Real Estate and managed by M7 Real Estate.

The 157,424 sq ft Maple & Confederation Park is located in one of Leeds city’s prime industrial heartlands within easy reach of the M621 while Mill Lane Industrial Estate provides 105,464 sq of accommodation close to Alton town centre and A31.

Chris Jeffs, Investment Manager at M&G Real Estate, says: “With the trend for same day or same hour delivery, urban logistics centres such these can help fulfil shorter delivery times while large efficient warehouses are required to handle large quantities of deliveries.

“Both estates are strategically located within markets that have a distinct lack of good quality industrial space and therefore, with active management, have excellent prospects for growth. We will continue to expand our King platform which, with the help of the team at M7, provides our investors with a uniquely diversified exposure to the industrial market.”

Alex Woodall, Divisional Director at M7 Real Estate, adds: "Both assets complement the existing King portfolio and provide an opportunity for us to work with M&G Real Estate to increase value through a combination of void reduction and rental growth. The assets provide excellent access to the UK motorway network and are strategically positioned to take advantage of the current supply versus demand dynamic."

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