Updated: May 17, 2019
Nova-Ambiente supported M7 Real Estate with the acquisition of five retail warehouse assets, from four vendors, for a total of £23.9 million.
The properties, which comprise two multi-let retail parks and three solus units, were acquired on behalf of M7’s Real Estate Investment Partners VIII (“M7 REIP VIII”) Fund. The acquired assets total 218,435 sq ft and are located across the UK in Chester, Wrexham, Stockton, Scunthorpe and Falkirk. Tenants include Wickes, Halfords, Go Outdoors, Matalan and Euro Car Parts.
Project Management was undertaken by Oliver Funnell in Ambiente’s London office.