M Core, an established property investment and management platform operating across Europe, has concluded 2025 with a year marked by exceptional growth, strategic deal execution, and long-term value creation across the UK and European markets, establishing a powerful platform for continued expansion.
Throughout the year, M Core accelerated its investment strategy, deploying more than £600 million across acquisitions and developments, while reinforcing its pan-European portfolio through disciplined asset management and sustainability initiatives.
The year’s most significant transaction was the signing of a landmark €2.3 billion agreement with Blackstone for the sale of M Core’s French industrial real estate assets and platform. The proceeds will be reinvested, subject to M Core’s strict investment criteria, to accelerate growth and expand the group’s portfolio across UK and European markets.
UK Highlights
- £200m+ invested in strategic acquisitions, including The Northern Quarter (Colindale), Beaumont Shopping Centre (Beaumont Leys), Vicar Lane (Chesterfield), M Park Boston (Lincolnshire), and Southwater Square (Telford), underscoring confidence in retail and mixed-use assets.
- £15m+ invested in asset developments and regeneration at flagship locations such as Princes Square (Glasgow), The Galleries (Washington), Multipark Pensnett, Multipark Burntwood, and The Centre (Livingston).
- Achieved 95% occupancy across the UK portfolio, supported by proactive asset management and selective development.
- Delivered 528 EV charging bays across UK assets, reinforcing M Core’s commitment to sustainability principles.
European Achievements
- France: Executed a landmark €2.3 billion agreement with Blackstone for the sale of M Core’s industrial real estate platform, one of the largest industrial transactions in France in recent years. Proceeds will be reinvested to accelerate growth across the UK and European markets.
- Poland: Celebrated reaching the 100th asset under management milestone and the 70th M Park opening within the portfolio, cementing leadership in the retail park sector. The Polish portfolio continues to expand assets operating under a BREEAM “Very Good” rating.
- Romania: Diversified the portfolio with the acquisition of Focsani and Suceava shopping centres, accelerated growth of M Parks with seven retail park acquisitions and the development of M Park Galati.
- Spain: Continued expansion with the acquisition of Colmenar development (Madrid) for a new retail park, now 60% pre-let and scheduled for completion in Q2 2027.
- Ireland: Entered the Irish market with a £30m acquisition of The Arena Centre (Tallaght), a prime mixed-use retail asset in Dublin.
Group Performance
- £600m+ invested across UK and European acquisitions and developments.
- Portfolio now spans seven European markets, managing over 1,250 assets.
- Maintained a diversified rent roll, with no single tenant representing more than 1% of income.
- Secured 25+ industry awards across the UK, Poland, and Romania, including Value Add Investor of the Year and Core Investor of the Year at the CEE Investment Awards, Investment Deal of the Year and Real Estate Company of the Year at the SEE Property Awards, and ranked No.1 Investor & Owner in Shopping Centres for the UK by Trevor Woods Associates.
Sebastian Macdonald-Hall, Chief Investment Officer (Europe), commented: “2025 has been a defining year for M Core. From major acquisitions in the UK to transformative transactions in Europe, we’ve demonstrated resilience, discipline, and a clear long-term strategy for sustainable growth. Our focus on active management and strategic investment continues to deliver enduring value for partners, occupiers, and communities.”
