M7 Real Estate, the pan-European investor and asset manager, announces that it has acquired four industrial and office assets in four separate transactions for a total of £16.5 million (€18.53 million/$22.1 million) on behalf of the latest fund in its regional U.K. value add series, M7 Real Estate Investment Partners IX (M7 REIP IX).
Following a first close in February 2020, which raised a total of £23.9 million (€26.85 million/$31.97 million) of equity from the United Kingdom, European and Asian based family offices and local U.K. councils, the capital has now been deployed. M7 REIP IX aims to generate an attractive income return by investing in a combination of long income and value-added investments across regional U.K. office, retail warehousing and industrial assets.
These latest acquisitions total 240,000 square feet and comprise a 73,000 square-foot distribution warehouse in Bradford let to Transmec Group, the transport and logistics company; Christchurch
