M7 Real Estate is pushing ahead with the flotation of Bridgewater Place in Leeds, which it acquired from Marick Real Estate in 2020 for £84.5m.
M7 plans to list the property on the International Property Securities Exchange, and has set a target admission date in March.
Richard Croft, executive chairman of M7 Real Estate, said: “Following the successful listing of the Mailbox REIT and the M7 Regional E-Warehouse REIT on IPSX last year, our aim is now to build on that momentum early in 2022 with a third listing on the new exchange.”
Bridgewater Place is the tallest building in Yorkshire and comprises 234,000 sq ft of grade-A office space. It is 93% let to occupiers including EY and law firms DWF and Eversheds.
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