M&G Real Estate buys 173 Greater Paris rental homes from Gecina for €67m
The off-market purchase is the second French investment for the M&G European Living Property Fund.
M&G Real Estate has acquired two newly built residential properties in Greater Paris, comprising 173 rental apartments, from French REIT Gecina for €67m, M&G announced on 15 October 2026. It made the off-market purchase on behalf of the M&G European Living Property Fund.
Both properties lie west of Paris. Alba Residence in La Garenne-Colombes has 80 apartments, and Rueil Arsenal…
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