16 Nov 2018
M7 fully lets i2 Centre in Nottinghamshire with Medtech lease
London, 16 November 2018 – M7 Real Estate (“M7”), the pan-European investor and asset manager, announces that it has fully leased the i2 Centre in Oakham Business Park, Mansfield, Nottinghamshire following the completion of a 8,700 sq ft letting to Getinge UK Limited (“Getinge”), a subsidiary of one of the world’s leading medical technology companies.
Getinge has taken a 10 year lease to accommodate its recent expansion at the 51,298 sq ft multi-let regional office building, which was acquired by M7 on behalf of a fund in 2014. M7 identified the asset as a strong regional office building due to its locally unrivalled grade A specification as well as its asset management potential, given the nearly 30% vacancy rate on acquisition. Since the acquisition, M7 has attracted a number of high profile tenants to the building including Senior Salmon and Devere & Partners.
George Gaynor, Asset Manager at M7 commented; “This letting, which takes the i2 Centre to full occupancy, completes our asset management for this property. We are particularly pleased to have secured Getinge UK as a tenant, part of a large global business that employs over 10,000 people worldwide and complements the other high quality tenants in the building.”
M7 was advised by FHP Property Consultants.