M7 fully invests Portuguese fund

M7 Real Estate, a pan-European investor and asset manager, announced that it has acquired seven light industrial and logistics assets in four separate transactions on behalf of the M7 Portuguese Active Fund (M7 PORAF) for a total of €35 million ($38 million). Following the transactions, the fund is fully invested.

Leonardo Peres, managing director M7 Portugal, said, “These final acquisitions complete the investment period for this fund, providing a strong and diversified return whilst offering multiple value-add opportunities. In a supply-constrained market, this portfolio is an exciting opportunity for value and income creation through further asset management initiatives. Leveraging our track record in executing asset management programs, our focus is now on delivering our business plan for the portfolio, which includes enhancing rental income and capital value.”

The properties, comprising a total floor area of 75,232 square meters (809,791 square feet) of pred