Oxford Properties Group (“Oxford”), a leading global real estate investor, asset manager and business builder, has completed its acquisition of M7 Real Estate, having received all regulatory approvals. The deal, which was announced in January this year, brings together one of the UK’s leading European real estate investment and asset management platforms and a globally renowned institutional investor operating across multiple asset classes and jurisdictions.
The acquisition of M7 Real Estate, provides Oxford with a specialist platform through which it can accelerate the deployment of capital into Europe and into multi-let industrial and urban logistics in particular.
M7 will remain independently managed by its current management team led by Richard Croft and David Ebbrell.
Joanne McNamara, Executive Vice President, Europe & Asia-Pacific at Oxford Properties, commented: “The acquisition of M7 precisely fits our target of being innovative and collaborative in our approach to investing. The partnership combines complimentary skill sets and relationships together with access to substantial capital for deployment across Europe, with a focus on multi-let industrial and urban logistics, one of Oxford’s highest global conviction asset clases. Our coinvestors are increasingly asking us to access the opportunities presented by the wider Oxford platform and portfolio of businesses. As such, our acquisition of M7 also allows our partners to invest capital with a best-in-class management team in a sector with great growth prospects. The future is very exciting for all of us involved.”
Richard Croft, Executive Chairman at M7 Real Estate added: “The completion of our acquisition by Oxford Properties marks the start of an exciting and transformational new chapter for M7 Real Estate. It gives us access to the support and resources of Oxford Properties allowing us to grow the M7 platform substantially over the next few years alongside a very like-minded partner. I am very much looking forward to working closely with the team from Oxford and to progressing the initiatives we already have underway.”