M7 Real Estate raises €35m

The firm is raising its first Central European fund.

M7 Real Estate has held a first close for its debut Central European fund. M7 Central European Real Estate Fund I has gathered €35 million to invest into core plus and high yielding opportunities in the Czech Republic, Croatia, Hungary, Poland and Slovakia. A second close is expected before the end of 2016. The fund is targeting €130 million in total.