M7 Real Estate, the pan-European investor and asset manager, has appointed Hugh Fraser, one of the firm’s founders, as the new head of Spain.
M7, which has a network of 10 offices across Europe, has strong ambitions to expand its activities in Spain, in order to take advantage of the current point in the market cycle and drive value for its investors and capital partners.
Fraser will be responsible for driving that growth including building out M7’s team in the region, as well as overseeing the firm’s acquisition and asset management strategies across Spain. Belén Hernández Orduña, has also been promoted to the role of head of asset management, Spain.
M7 is seeking investments in the industrial and logistics sectors in the country. Fraser has over 30 years’ experience in real estate investment and finance and will also remain in his current role as M7’s head of capital markets where he is responsible for the firm’s debt capital markets business.
Fraser has moved to Madrid from his previous base in Amsterdam, succeeding Álvaro Arteaga Biforcos, who stepped down from M7 at the end of October 2024 to establish his own private family investment management company.
M7 manages a c. €85.0 mln portfolio located in Spain, comprising 90,000 m2 across seven assets in the highly sought after markets of Barcelona and Bilbao.
David Ebbrell, CEO of M7 Real Estate, commented: 'We have identified Spain as a key market for growth and have a strong appetite amongst our clients to invest capital there, particularly at the current time in the market cycle.
'The appointment of Hugh, one of M7’s founders and a member of our senior management team, as the new Head of Spain underscores the strength of our ambitions in this market.
'He will provide senior strategic resource on key transactions as we continue to source investment opportunities in the industrial sector on behalf of our capital partners, while also looking to build out our Spanish team.'
Said Fraser: 'The Spanish real estate market has strong underlying fundamentals and we will be seeking opportunities to invest in industrial and logistics assets, building on our existing portfolio.
'I am very much looking forward to working with and expanding our team in Madrid, and also living in Spain once again, having studied here while at university.'
