M&G completed the acquisition of BauMont.

M&G, a global investment manager, completed the acquisition of BauMont, an European investment manager specialising in value-add strategies. Financial terms were not disclosed. “Collaborating with M&G Real Estate is an exciting milestone for us as they share our commitment to excellence and innovation in real estate investing. We will be able to leverage M&G’s extensive resources and expertise to source a wider set of opportunities as we seek to deliver enhanced value to our investors," Robert Balick, BauMont Managing Partner.