Pan-European investor and asset manager M7 Real Estate has announced it is opening an office in Dublin, Ireland, and has appointed a new asset manager.
M7 will be based at 15–17 Percy Place in the capital city of the Irish republic. Responsible for executing the firm’s strategy of acquiring industrial, logistics and office assets in the greater Dublin area, will be new hire, James Smith.
Dublin will be M7’s 16th office location and will expand its pan-European network to 14 countries. M7’s Irish portfolio comprises 15 assets and is pursuing more acquisitions.
Smith joins M7 from Cushman & Wakefield Ireland, where he spent over three years within the industrial and logistics team advising clients on acquisitions, value enhancing asset management activities and disposal transactions.
John Murnaghan, head of UK and Ireland at M7, said: ‘Ireland has been one of the strongest performing economies in Europe over the last few years and a key market for M7. The structural changes associated with changing consumer habits and the growth of the tech sector are supporting demand for both industrial and office space alike.
‘Our strategy is to replicate the model we have successfully implemented across our other European markets to grow the M7 platform in Ireland by targeting specific sectors.
‘We are delighted to welcome James to the team as his qualities as one of the most tenacious and progressive industrial agents in Dublin made him a perfect fit for the role. I look forward to working closely with him as we continue to grow the team.’
James Smith, asset manager at M7 in Ireland, said: 'I look forward to applying and sharing my expertise and knowledge of the Irish business sector, an area of the market I am very passionate about, with the experienced team at M7.
'Leveraging the wider M7 platform, we are well placed to expand the portfolio in Dublin and will look to grow the asset management team accordingly. I believe we are in a strong position to identify and execute opportunities that arise in our target sectors.'
