Pan-European real estate investment manager M7 Real Estate has appointed John Murnaghan as head of UK.
The firm said Murnaghan would oversee the UK portfolio and asset management strategy, develop the UK business plan and lead new business initiatives to enhance value and sustainability for M7 and its partners.
'John has been an integral part of the M7 team for over two years and in this period of time his extensive experience in the real estate sector has been a key part in the growth of our investments and business in the UK. We look forward to continuing our development with John at the helm of the UK business,' commented Richard Croft, M7’s CEO.
The existing M7 UK portfolio comprises over 200 estates which covers 10.7 million sq ft across all sectors.
Murnaghan has more than 16 years of real estate experience, including spells at Land Securities and UBS, and has been with M7 as Head of UK Asset Management since August 2014.
Murnaghan said: 'I joined M7 during a tremendously busy growth period and since then we have expanded our operating platform both in the UK and across the continent, launched several new funds and most importantly, realised significant performance for our capital partners. We will continue to expand our existing product lines, with a focus on our third party asset managment offering given the experienced team and bespoke systems we have in place to assist in the management of higher yielding, multi-let regional real estate.'
He added: 'I now look forward to working further with the team as the Head of UK to continue building on M7‘s success to date and consolidating our position in the UK market.'
