M7 sells London residential development site for over £7m

3 February 2020

M7 Real Estate (“M7”) the pan-European investor and asset manager, announces that it has completed the sale of Mill Road Car Park (“Mill Road”) in Ilford, comprising circa 0.74 acres, for in excess of £7m on behalf of the M7 REIP V fund.

M7 acquired the car park, which originally provided additional car parking for Becketts House in Ilford, as part of a wider portfolio in 2016. Becketts House, comprising circa 53,000 sq ft of office accommodation, was sold separately by M7 in September 2019, having been repositioned a for residential use for in excess of 100 private dwellings.

Following a marketing campaign in conjunction with Savills in the autumn of 2019, in which close to ten bids were received, a sale was agreed for Mill Road and successfully completed within two weeks of final agreement in December 2019. The sale was completed without planning consent currently in place.

Martin Betts, Investment Manager at M7, commented: “Following on from the successful sale of Becketts House in September 2019, the sale of Mill Road Car Park further demonstrates that there is continued investor appetite for well-located residential sites close to the City of London, even without full planning consent in place. This sale completes the execution of our business plan for both Becketts House and Mill Road, which has enabled us to extract significant returns for our investors. The proceeds will be re-invested into our acquisition pipeline and asset management initiatives as we continue to drive attractive sustainable income returns.”

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