( 12 settembre 2019)
M7 Real Estate , the pan-European investor and asset manager, announces that it has secured two new asset management mandates and several new advisory mandates in Croatia.
M7 is managing a high quality office building in Varaždin and has increased the occupancy of the asset to 65%, up from 32% within one year of being awarded the mandate having repositioned the property from a single to multi-tenanted building.
M7 also announces that it has been appointed to manage a third party portfolio of more than 200 mixed use assets, primarily comprising office space throughout Croatia. M7 has been instructed to increase the occupancy of the portfolio in conjuction with advising on the sale of non-core assets.
M7 currently manages more than €100 million of assets in Croatia including the MANI Business Centre, which is managed on behalf of M7 Central European Real Estate Fund I (“M7 CEREF I”).
M7 Real Estate Ltd is a pan-European investor and asset manager specialised in multi-let real estate. M7’s team consists of over 250 staff operating across a platform spanning 13 countries comprising the UK, Croatia, Czech Republic, Denmark, Finland, France, Germany, Hungary, Luxembourg, the Netherlands, Poland, Portugal and Slovakia.
Established in 2009 and wholly owned by its senior managers, M7 manages a portfolio of c.1,400 assets comprising 133 million sq ft of GLA with a capital value in excess of €9.0 billion.
Source : M7