Toronto-based Oxford Properties Group has exchanged contracts on the acquisition of M7 Real Estate.
The investment is in line with Oxford’s global capital allocation strategy, which has seen it both enter new geographic markets and increase its weighting to the logistics, multifamily and life sciences sectors. Across the globe, Oxford is building, buying and growing world-class businesses to meet its capital allocation priorities.
While M7 now invests across a variety of regional multitenant asset classes, it was originally formed in 2009 as a specialist in light industrial and urban logistics, which remains its largest sector, and together with retail warehouses, accounts for half the €4 billion ($4.9 billion) of assets currently under management. With a team of approximately 225 employees in 14 countries across Europe, M7 manages a portfolio of around 620 assets comprising 45.2 million square feet on behalf of a mix of separate account clients as well as comingle