Birketts’ Real Estate Investment Team advises on £62m portfolio sale
14 December 2022
Birketts’ Real Estate Investment Team has advised leading European property investment firm M7 Real Estate Ltd, on the sale of a £62m UK multi let industrial portfolio to Pictet Alternative Advisors and Marchmont Investment Management.
The sale concludes a long-term asset management strategy which saw M7 acquire a portfolio of 17 assets over the course of 2016 and 2017 and establish an increase in profit and an overall uplift in rent on behalf of a high-net-worth investor family.
The Birketts team advising on the sale was led by Cameron Barlow (Partner, Head of Real Estate Investment), with key support from Elliot Wotton (Solicitor, Real Estate Investment). The wider team included Laura Jones, Cara Keen, James Humphreys, Olivia Button, Jake Currier, Emmanuel Ajala, Katie McElligott, and Jade Norris.
On the sale, Cameron Barlow from Birketts said: “We have worked with M7 for a number of years now, supporting them with their UK managed fund asset management, as well as their acquisitions and disposals. We are delighted to have been able to advise M7 on this portfolio realisation and also thank the buyer and their advisers (Ian Owen at Eversheds) for their collaborative approach.”
David Ebbrell, Chief Executive Officer of M7 Real Estate Ltd commented: “It has been a pleasure to work with the Birketts Real Estate Investment Team on another important project. We look forward to working together on further asset management and transaction strategies in the future”.
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Cameron Barlow
