M7 raises €65m for fifth European fund

M7 Real Estate has raised €65m (£56m) for its fifth European investment fund.

In total, the firm received equity commitments from 25 investors including high-net-worth individuals, family offices, and sovereign wealth from Europe, Hong Kong and the Middle East

M7 Real Estate Investment Partners V will have a total investment capacity of more than €280m.

Like its predecessors, the fund is targeting value-add, multi-let commercial real estate opportunities in Germany, the Netherlands, Ireland and Scandinavia.

€148m has already been deployed on behalf of the fund on initial investments in office, industrial and retail warehouse assets