M&G REAL ESTATE INVESTS IN €175 MILLION OFFICE SCHEME IN CENTRAL MADRID
· Latest acquisition brings core European strategy to over €1 billion · Acquisitions since March total circa €360 millionStockholm 4, August 2015 – M&G Real Estate, the real estate fund management arm of M&G Investments, has acquired a 35,000 sq m office property in the central business district of Madrid in a deal worth up to €175 million. The acquisition was made on behalf of the global real estate fund manager’s core European property strategy, managed by David Jackson and Simon Ellis. The property is located on Calle Ríos Rosas, an established office location in central Madrid,