M7 Real Estate has acquired six industrial and logistics units in Hayes, West London, for an undisclosed price.
The units, which provide circa 175,000 sq ft in total, sit on a 8.8-acre site on Swallowfield Way in close proximity to Heathrow Airport.
The site is anchored by a self-contained 68,000 sq ft warehouse occupied by CPI TMD Technologies on a lease running to 2045. The remaining space comprises a part-refurbished multi-let industrial estate with two of the recently vacated units quickly re-let.
M7 has identified a number of asset management opportunities to create value within the asset including the refurbishment of units to improved their environmental efficiency.
This acquisition has been undertaken on behalf of the European Supply Chain Income Partnership (ESCIP), a pan-European industrial and logistics investment vehicle backed in joint venture by Oxford Properties and AustralianSuper.
John Pow, managing director at M7 Real Estate, said: “The acquisition of this high quality, well-located asset was completed swiftly and demonstrates M7’s ability to act quickly and decisively to meet counter parties’ requirements, while maintaining our disciplined approach to capital deployment. We have identified several compelling opportunities to create value at Swallowfield Way, particularly around refurbishment and upcoming lease events to capitalise on robust occupier demand. We now look forward to leveraging M7’s asset management expertise and presence on the ground to let up the remaining vacant space.
“This latest transaction continues the momentum M7 has achieved for ESCIP, with over €600m invested in 2025. This demonstrates our commitment to scaling the portfolio in high growth and supply constrained industrial and logistics markets across the UK and Europe and we are aiming to deploy in excess of this in 2026.”
