as at 16 Oct 2026
Insurance Asset News
ALM & Capital

M&G Real Estate buys 173 Greater Paris rental homes from Gecina for €67m

By IAN Editorial Desk
16 October 2026·1 min read
Primary source: group.mandg.com

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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