M&G promotes Marc Reijnen as head of investment & asset management
M&G Real Estate, the commercial property arm of M&G Investments, has combined its European investment and asset management teams under the leadership of Marc Reijnen in a newly created role as head of investment and asset management, continental Europe.
Having joined the Paris office in 2016 as head of M&G Real Estate’s Continental European asset management team, Reijnen has presided over the expansion of the M&G Real Estate’s continental European business, developing a team of 23 people in six offices and growing assets under management in 12 jurisdictions from €2.2 billion ($2.4 billion) to €4.6 billion ($5 billion).
“With Marc’s compelling track record in all aspects of commercial real estate fund management and his deep and varied experience across various geographies, I have every confidence he will continue to build on the significant traction he has already made to deliver our European growth strategies and cement our reputation there as a leading investor and innovator in alternatives,” said Tony Brown, global head of M&G Real Estate.
“Closer integration of our asset and investment management teams across Continental Europe will enable us to manage resources more effectively and serve a wider range of client needs,” said Reijnen.
He added, “Europe is a fundamental growth area for our business, and we are planning further diversification of our product range and client base in the region. The market offers substantial capital deployment possibilities and, with a growing team across our six offices, we are well placed to continue implementing these strategies and maintaining the highest standards of service.”