DLA Piper with M7 Real Estate on expansion of German portfolio through acquisition of logistics property

DLA Piper has advised M7 Real Estate, a pan-European investor and asset manager specializing in multi-let and logistics real estate, on the expansion of its German portfolio through the acquisition of a high-quality, 19,000 sq m last-mile logistics property near Frankfurt am Main.

The transaction involved Raiffeisenstraße 5–7, a property comprising approximately 19,000 sq m across ten units, fully occupied by seven tenants including Volkswagen and BorgWarner. Built in 2015 to high standards, the property offers strong reversion potential and will undergo sustainability-focused refurbishment, including the installation of solar panels. The acquisition was made on behalf of the European Supply Chain Income Partnership (ESCIP), a pan-European industrial and logistics investment vehicle backed by Oxford Properties and AustralianSuper. This marks M7’s fourth investment for ESCIP, which is targeting growth of €3.5 billion over the next three to five years.

Headquartered in London, M7 Real Estate operates across nine European countries and manages a portfolio of approximately 415 properties with a capital value of around €5.6 billion. The company has a 15-year track record in Germany and currently manages 200,000 sq m of urban logistics space in the region.

The DLA Piper Real Estate team from our Frankfurt and Cologne offices was led by Partner Fabian Mühlen (PICTURED) and included Konstantin Decker-Horz, Dr. Philipp Reclam, and Muhammet Yavuz. They were supported by Partner Eike Neugebauer, Associate Cennet Issenin (both Finance), Counsel Albina Daka, and Consultant Sabrina Ulbrich (both Tax).

From DLA Luxembourg, a team led by Finance Partner Xavier Guzman, with support from Counsel Yann Zellet and Associate Irene Tamés de la Sierra, was involved in the transaction.