M7 Real Estate invests a further €36 million in Dutch assets for M7 EREIP IV
M7 Real Estate, the pan-European investor and asset manager, announced that it has invested approximately €36 million across nine office and retail assets in the Netherlands on behalf of M7 European Real Estate Investment Partners IV.
The completion of the acquisitions follows the agreement by M7 of a €143.4 million, 65% LTV senior debt facility with Bank of America Merrill Lynch in late 2016. A total of €265.8 million has now been deployed on behalf of M7 EREIP IV, which was launched with a €175 million first close in October 2016, so far delivering a 435,991 sq m portfolio of 62 assets in Finland, Germany, Ireland and the Netherlands.
Source: M7 Real Estate