News

M7 snaps up industrial and office assets for Middle East investor

By Robin Meczes 2019-09-03T11:48:00

Protea Way Industrial Estate_Letchworth Garden City

European investor and asset manager M7 Real Estate has acquired 10 industrial and office assets in the UK for £29.9m on behalf of a Middle Eastern sovereign wealth investor, reflecting an initial yield of 9.0% and a capital value of £50 per sq ft.

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