13 Sep 2016
M7 appoints John Murnaghan as Head of UK
London, 13 September 2016 – M7 Real Estate Ltd (“M7”), the pan-European real estate investment and asset manager, announces that it has promoted John Murnaghan to its Board of Directors where he will assume the new position of Head of UK Business.
He will oversee the UK portfolio and asset management strategy, develop the UK business plan and lead new business initiatives to enhance value and sustainability for M7 and its partners. The existing M7 UK portfolio comprises over 200 estates which covers 10.7 million sq ft across all sectors.
John has more than 16 years of real estate experience and has been with M7 as Head of UK Asset Management since August 2014. Prior to joining M7, John worked for UBS Global Asset Management where he was a Director in the UK Real Estate team with direct responsibility for 30 assets, valued at circa £500m across all sectors. In addition, John was responsible for the investment management of a collection of properties for private UBS Wealth Management clients. Prior to this, John worked at Land Securities Trillium as Senior Asset Manager where he undertook strategic asset management for an occupational portfolio of 335 properties. John is a Chartered Surveyor and holds the Investment Management Certificate.
Richard Croft, M7’s CEO, said: “John has been an integral part of the M7 team for over two years and in this period of time his extensive experience in the real estate sector has been a key part in the growth of our investments and business in the UK. We look forward to continuing our development with John at the helm of the UK business.”
John Murnaghan said: “I joined M7 during a tremendously busy growth period and since then we have expanded our operating platform both in the UK and across the continent, launched several new funds and most importantly, realised significant performance for our capital partners. We will continue to expand our existing product lines, with a focus on our third party asset management offering given the experienced team and bespoke systems we have in place to assist in the management of higher yielding, multi-let regional real estate. I now look forward to working further with the team as the Head of UK to continue building on M7‘s success to date and consolidating our position in the UK market.”