If it is as good as an F650GS twin, it will be fine.
See roads below
Cofre de Perote, Mexico
Some more high road dirt
Good to go on dirt upwards of 4,300 meters without too many problems. Biggest issue is tire choice. I have dinged 3 rims to the point of needing replacement. This is what they can look like and still be rideable. It'll shake quite a bit above 60mph but you'll still make it home. Worst part is how unnerving the tire distortion gets.
Not sure how the suspension and traction electronics of the F700 will react, but the F650GS, when used within the limits of its suspension, is fine. It'll be more about tires than anything else.