Asset owner M7 turns attention to potential takeover
The properties are let to occupiers including Lidl and Netto
Firm expands office portfolio to 16
KKR will use the deal to expand its presence in European industrial and logistics real estate
M7 REIP V’s portfolio now comprises 33 assets with a total value in excess of £150m
The company has completed five new lettings spanning circa 50,500 sq ft at Castle Donington premises
Mirastar will target investments and developments in Europe
M7 Real Estate Investment Partners V will have a total investment capacity of more than €280m.
The acquisitions reflect an in-place net initial yield of 8%
The REIT has sold Mount Street Retail Park in Wrexham and Saltney Retail Park in Chester to M7
Clarke joins the new stock exchange as a senior advisor in equity capital markets
Johnnie Sims has been appointed to the board of Coyote Software.