TTB Partners, a Hong Kong based investment and advisory firm, today announced the acquisition of a minority stake in M7 Real Estate. The investment is the latest step in a wider collaboration between the two companies, as they seek to capitalize on the continued appetite from Asian investors for European real estate. TTB will utilize its own network of contacts in the region to access new capital pools looking to invest in UK and pan-European real estate, either through joint ventures or through investment funds.
M7 Real Estate is a leading specialist in the pan-European, regional, multi-let real estate market. Their suite of fund products has been a consistent top-quartile performer and has realised a cumulative net IRR of 28.3% and 2.12x on over €2.25bn of assets, held across 14 fully exited vehicles. With over 200 employees in 14 countries across Europe, M7 Real Estate manages over 830 retail, office and industrial properties with a value of circa €5 billion.
Source : TTB