25 Feb 2015
M7 Takes Outright Control of Pan-European JVs to Transform Platform into a Wholly-Owned Operation
London, 25th February, 2015 – M7 Real Estate, the investment manager specialised in multi-let, light industrial properties, has taken full control of all its asset management joint ventures to transform its pan-European platform into a wholly-owned operation and increase assets under management to over €1.2 billion.
Richard Croft, M7 Real Estate CEO, said: “This is a step change for M7 Real Estate. It consolidates our presence in the continental European markets, integrates the country teams into the M7 platform and broadens our senior management team all of whom are fully aligned to the growth strategy of the wider group. M7 is establishing itself as one of Europe’s leading pan European asset management platforms. The full integration of our European business positions us well for the opportunities that we believe will exist over the coming months.”
Remko Dickhaut, Alyssa Huse, Femke van Oest, Chris Pope and Mette Seifert, the heads of M7’s European offices, have become shareholders in the London-headquartered parent company.