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Access here alternative investment news about M7 Real Estate Buys Long-let Asset For Uk Warehouse Fund | News | Ipe Ra
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M7 Real Estate Buys Long-let Asset For Uk Warehouse Fund | News | Ipe Ra

by realassets.ipe.com posted 12months ago 71 views
M7 REIP VI bought the asset in Workington, Cumbria from Stobart Group for £6.3m. : M7 Real Estate has bought, on behalf of M7 Real Estate Investment Partners VI (M7 REIP VI), a warehouse asset in the north west of England. The pan-European investor and asset manager said it acquired five adjacent warehouse units in Workington, Cumbria from Stobart Group for £6.3m (€7.2m). The units, four of which are interlinked, are situated on the established 45-acre Lillyhall Industrial Estate and comprise a total of 476,000sqft. Four of the units are occupied by Eddie Stobart on a ten-year lease without break.