M7 Real Estate has raised €400m (£356m) in the final close of its largest fund, M7 European Real Estate Investment Partners IV.
The final raise gives M7 EREIP IV a total investment capacity of more than €800m, including gearing, of which more than €500m has already been deployed.
It has also identified a pipeline of €250m of assets, continuing to target value-add multi-let commercial real estate in Germany, the Netherlands, France and Scandinavia.
M7 said it anticipates the fund will be fully invested by the beginning of 2018.
Richard Croft, chief executive of M7, said: “This is M7’s largest fund so far and we have successfully continued to raise investor capital from a number of sources, which demonstrates their belief in M7’s strategy and execution.
“The capital is being actively deployed and we have a number of asset management initiatives under way which will deliver value and attractive investment returns for our investors.”
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