13 logistics assets in Madrid and Barcelona acquired in two separate transactions from an Aristeas & Partners Group joint venture (“JV”) and an institutional investor
Acquisitions increase M7’s ESCIP portfolio in Spain to 227,150 sq m
M7 has executed €850 million of investments for ESCIP in the past 18 months bringing the total portfolio to c. €1.7 billion and over 1.31 million sq m
LONDON / MADRID — 2 June, 2026: M7 Real Estate (“M7”), a market leading investor and operator of European industrial and logistics properties, announces that it has completed the acquisition of 13 high-quality, strategically located Spanish logistics assets comprising 138,411 sq m, in two separate transactions from an Aristeas & Partners Group JV and an institutional investor. The acquisitions were undertaken on behalf of the European Supply Chain Investment Partnership (“ESCIP”), a joint venture between AustralianSuper and Oxford Properties Group (“Oxford”), managed by M7.
The first transaction comprises the purchase of 11 prime modern logistics assets in Madrid and one in Barcelona, from a JV between Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients and the Mazin family backed Aristeas Group. Spanning 108,115 sq m and situated in established logistics markets, the 12-asset portfolio is 88% let to 14 occupiers. The properties comprise a mix of mid-box and urban logistics assets developed during the last 10 years, ranging in size from 4,750 sq m to 13,950 sq m, and holding either BREEAM “Very Good” or “Good” certification. The portfolio is located within prime logistics corridors, enabling efficient last-mile distribution through its proximity to dense population centres and critical transport infrastructure.
The second acquisition comprises a multi-let urban logistics park in Southern Madrid, which was constructed in 2022 and is fully occupied by three tenants. Purchased from an institutional investor, it provides c. 30,296 sq m of modern logistics space across three well specified individual buildings. Located in Southern Madrid, the property benefits from direct access to the A-4 corridor, one of southern Spain’s primary motorways, providing access to nationwide distribution channels and the ability to service the Spanish capital.
With a predominant weighting towards inner-Madrid locations, these high-quality Spanish assets benefit from strong underlying fundamentals with population growth and urbanisation continuing to drive demand for modern and well-located assets in a growing market. Madrid, as Spain’s largest logistics hub, is critical for domestic and pan-European distribution, while in Barcelona, limited availability of centrally located assets reinforces the strong supply-demand for industrial and logistics assets.
These transactions more than double ESCIP’s Spanish portfolio to over 225,000 sq m and are in line with its ambition to build a portfolio of scale across Europe’s highest-growth logistics markets.
M7 has now executed eleven investments across the UK and Europe on behalf of ESCIP, bringing total assets under management to more than €1.7 billion GAV comprising a portfolio of over 1.31 million sq m, across 132 European logistics assets.
John Pow, Managing Director at M7 Real Estate, commented: “Expanding our presence in the Spanish logistics market with the deployment of €181 million across two acquisitions, marks a significant milestone in our growth of ESCIP. Securing this high-quality portfolio of assets also reflects our conviction in the industrial and logistics sector and the value of strategic locations such as Spain, where we’re seeing strong urban domestic growth continue to drive rental and investment demand.”
