1.   

On 29 July 2021, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).

This notification concerns the following undertakings:

—	Oxford Properties Management (UK) Limited (‘Oxord Properties’, United Kingdom) controlled by Oxford Properties Group (Canada) and belonging to the OMERS Group (Canada);

—	M7 Real Estate Ltd (‘M7 Real Estate’, United Kingdom).

Oxord Properties acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of M7 Real Estate.

The concentration is accomplished by way of purchase of shares.

2.   

The business activities of the undertakings concerned are:

—	for Oxord Properties: ownership, development and managment of real estate assets in Europe.

—	for M7 Real Estate: investment asset manager focussing on the real estate sector and, in particular, on pan-European, regional, multi-tenanted commercial real estate.

3.   

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

4.   

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.10307 — Oxford Properties/M7 Real Estate

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

Postal address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË