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05 October 2022

M&G appoints residential specialist Marcus Eilers to lead European Living sector investment

2022
London, 5 October 2022 – M&G Real Estate – part of M&G plc’s £76.71 billion private assets and alternatives division - has appointed Marcus Eilers as Head of European Residential to lead its expansion into the European Living sector across its fund range. Reporting to Alex Greaves, Head of UK and European Living, he will be based out of M&G’s Frankfurt office working closely with Marc Reijnen – Head of European Investment and Asset Management.

With more than 16 years of residential real estate experience, Marcus joins from Roundhill Capital where he has played a leading role in developing Roundhill's European businesses, serving most recently as Head of Residential Asset Management. Marcus was also a founding partner of a boutique firm advising large residential landlords in Germany and holds a Master’s degree in business administration from the European Business School.

Leveraging both M&G’s UK residential platform and its highly experienced European team, Marcus Eilers will identify opportunities to develop and invest in sustainable homes with high levels of amenity that support wellbeing and community. Both teams have already collaborated on €750 million of European residential transactions in the last 18 months.

Commenting on Marcus’s appointment, Alex Greaves says: “We are delighted to welcome Marcus to M&G. Marcus is one of Europe’s few experts with such deep knowledge in all aspects of residential investment, including operating efficiently at scale. His appointment bolsters our European team and compliments our proven UK platform. We look forward to using our combined capabilities to grow residential exposure with the significant capital we have at our disposal across M&G’s European fund range.”

Marcus Eilers adds: “There are housing supply/demand imbalances across many European cities and with that comes significant scope to provide attractive, long term risk adjusted returns and diversification benefits. The residential rental sector can also offer a degree of inflation protection, particularly where schemes are built or redeveloped in line with the highest sustainability credentials.”

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Rebecca Grundy

M&G Corporate Affairs

Notes to editors

M&G Investments is part of M&G plc, a savings and investment business which was formed in 2017 through the merger of Prudential plc’s UK and Europe savings and insurance operation and M&G, its wholly owned international investment manager. M&G plc listed as an independent company on the London Stock Exchange in October 2019 and has £348.9 billion of assets under management (as at 30 June 2022). M&G plc has over 5 million customers in the UK, Europe, the Americas and Asia, including individual savers and investors, life insurance policy holders and pension scheme members.

For nearly nine decades M&G Investments has been helping its customers to prosper by putting investments to work, which in turn creates jobs, homes and vital infrastructure in the real economy. Its investment solutions span equities, fixed income, multi asset, cash, private debt, infrastructure and real estate.

M&G recognises the importance of responsible investing and is a signatory to the United Nations Principles for Responsible Investment (UNPRI) and is a member of the Climate Bonds Initiative Partners Programme.

M&G plc has committed to achieve net zero carbon emissions on its total book of assets under management and administration by 2050 and committed to reduce operational carbon emissions as a corporate entity to net zero by 2030.

For more information, please visit: https://global.mandg.com/ 
This press release reflects the authors’ present opinions reflecting current market conditions; are subject to change without notice; and involve a number of assumptions which may not prove valid. It has been written for informational purposes only and should not be considered as investment advice or as a recommendation of any particular security, strategy or investment product. Past performance is not a guide to future performance.
The services and products herein are available only to investment professionals and are not available to individual investors, who should not rely on this communication. Information given in this document has been obtained from, or based upon, sources believed by us to be reliable and accurate although M&G does not accept liability for the accuracy of the contents.

Issued by M&G Luxembourg S.A. in the EU and M&G Investment Management Limited elsewhere (unless otherwise stated). The registered office of M&G Luxembourg S.A. is 16, boulevard Royal, L-2449, Luxembourg. M&G Investment Management Limited is registered in England and Wales under number 936683, registered office 10 Fenchurch Avenue, London EC3M 5AG. M&G Investment Management Limited is authorised and regulated by the Financial Conduct Authority. M&G Real Estate Limited is registered in England and Wales under number 3852763 and is not authorised or regulated by the Financial Conduct Authority.”
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M&G plc is a company incorporated and with its principal place of business in England, and its affiliated companies constitute a leading savings and investments business. M&G plc is the direct parent company of The Prudential Assurance Company Limited. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in England and Wales.

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