27 Sep 2016

M7 raises €175 million at first close of fourth European Fund with €400 million investment capacity

London, 27 September 2016 – M7 Real Estate, the pan European investor and asset manager, announces that at the first close of its latest European investment fund M7 European Real Estate Investment Partners IV (“M7 EREIP IV” or the “Fund”), it has received commitments totalling over €175 million from investors from a number of jurisdictions, including Hong Kong and the Middle East.

The initial raise provides M7 EREIP IV with a total investment capacity in excess of €400 million, which will target value-add multi-let commercial real estate opportunities in Germany, the Netherlands, France and Scandinavia. Investments will be sourced and managed by M7, through its pan European platform, which has recently extended to a total of 12 countries following the opening of an office in Luxembourg, with the opening of a Finnish office planned for Q4 2016.

Richard Croft, M7’s Chief Executive said “This latest fund marks an important milestone in the continued expansion of the M7 business. It is both our largest fund raise and underscores the appetite for income focused offerings underpinned by a risk diversified portfolio.

“Having extended our management platform across western, central and northern Europe, our network of local offices gives us access to a significant number of investment opportunities across multiple sectors and geographies. This allows us to cherry pick those investments which are the most compelling and where we see a strong opportunity to add value through asset management. To this end, we have already identified a pipeline of opportunities, with over €200 million of assets under exclusivity, and will be looking to announce EREIP IV’s first acquisitions in the near term.”