UK-based real estate investment trust M7 Real Estate announced that it has purchased Westlink, a multi-let industrial estate in Ireland.

The asset was purchased on behalf of an M7 managed fund from a private investor for a total of 13.9 million euros ($15.7 million).

Westlink Industrial Estate, which is located in the suburb of Ballyfermot, 7.5 kilometres west of Dublin City Centre, will be available to let with units from 4,800 square meters to 21,200 square meters from the first quarter of 2019.

M7 Real Estate noted that it will start to upgrade works almost immediately to enhance the current offering and provide much needed, newly refurbished space to the market.