M7 Real Estate, the pan-European investor and asset manager, announces the acquisition of two recently developed logistics assets across key distribution hubs in Germany.
Together, the two high-quality logistics assets comprise 30,800 square meters (331,528 square feet) and are each 100 percent occupied by single tenants. They are strategically located in Düsseldorf and Kassel, both well-established logistics markets, with strong connectivity that supports consistent tenant demand.
The acquisition was undertaken on behalf of the European Supply Chain Income Partnership (ESCIP), the joint venture fund backed by AustralianSuper and Oxford Properties, reflecting the platform’s strategy to scale its portfolio across key logistics markets in Europe.
Miles Chuter, director, transactions at M7 Real Estate, said, “With this transaction, we’ve further strengthened our ESCIP platform by deploying €37.5 million ($44 million) into high-quality logistics assets acro