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M7 Real Estate (“M7”), the pan-European investor and asset manager, announces the acquisition of Broadheath Network Centre in Greater Manchester for £47 million, from Network Space Developments. The acquisition is the first undertaken by M7 on behalf of the newly formed pan-European industrial & logistics joint venture between Oxford Properties, a leading global real estate investor, developer and manager, and AustralianSuper, Australia’s largest superannuation fund. The joint venture, which is named the European Supply Chain Income Partnership (“ESCIP”), is aiming to…

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