Pan-European investor M7 Real Estate has acquired six UK industrial and logistics units in an established distribution hub.
The 8.8-acre site in Swallowfield Way in Hayes in West London, comprises around 175,000sqft across six units.
The asset is anchored by a self-contained 68,000sqft warehouse occupied by CPI TMD Technologies on a long-term lease running to 2045. The remaining 107,000sqft of space comprises a part-refurbished multi-let industrial estate with two of the recently vacated units already re-let.
While M7 declined to disclose the purchase price, sources said the deal was worth around £60m (€68.8m).
M7 said it acquired the asset on behalf of the European Supply Chain Income Partnership, a pan-European industrial and logistics investment vehicle backed in a joint venture by M7’s owners Oxford Properties and AustralianSuper.
AustralianSuper acquired a 50% stake in M7 in early January 2025.
Hayes is a core West London submarket close to Heathrow Airport, Crossrail and road connections to the rest of the UK via the M4 to the south, A40 to the north, M25 to the east and the A312 to the west.
M7 stated that it has identified “a number of immediate asset management opportunities to create value within the asset including refurbishing units, improving the environmental efficiency and growing the income profile”.
John Pow, managing director at M7 Real Estate, said: “The acquisition of this high-quality well-located asset was completed swiftly and demonstrates M7’s ability to act quickly and decisively to meet counter parties’ requirements, while maintaining our disciplined approach to capital deployment.
“We have identified several compelling opportunities to create value at Swallowfield Way, particularly around refurbishment and upcoming lease events to capitalise on robust occupier demand. We now look forward to leveraging M7’s asset management expertise and presence on the ground to let up the remaining vacant space.
“This latest transaction continues the momentum M7 has achieved for ESCIP, with over €600m invested in 2025. This demonstrates our commitment to scaling the portfolio in high growth and supply constrained industrial and logistics markets across the UK and Europe and we are aiming to deploy in excess of this in 2026.”
M7 has now executed nine investments across the UK and Europe on behalf of ESCIP, as it continues to scale the platform across key logistics markets across Europe, bringing total assets under management to more than €1.5bn, across 120 prime European logistics assets.
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