M Core Delivers Landmark Growth in 2025, Building Strong Momentum for 2026
“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.”
M Core, one of Europe’s leading property investment and management collectives, 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 UK and European markets.
- Poland: Celebrated reaching 100th asset under management milestone and 70th M Park opening within the portfolio cementing leadership in the retail park sector. The Polish portfolio continues to expand assets operating under 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.”
“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.”