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M7 sells Aerozone logistics park in Hungary

M7 Real Estate (“M7”), the pan-European investor and asset manager, announces the sale of Aerozone Logistics Park in Budapest, Hungary, to a South African investor, JTRoss Group on behalf of M7 Central European Real Estate Fund I (“M7 CEREF I” or the “Fund”). M7 acquired the asset, which comprises 50,000 sq m of multi-let logistics space across three main units with an additional 15,000 sq m of office accommodation, in March 2017. Having implemented a comprehensive asset management strategy, M7...

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