M&G Real Estate continues expansion of European business with appointment of Paris-based fund manager

Dimitri Doublet

M&G Real Estate, one of the UK’s largest property investors, has appointed Dimitri Doublet as Assistant Fund Manager for its core European property strategy managed by David Jackson and Simon Ellis. Dimitri joined on 18 January and reports to David Jackson.

Based out of M&G Real Estate’s Paris office, Dimitri will identify and analyse investment opportunities in support of the strategy to optimise returns and growth. Previously Portfolio & Transaction Manager at Internos Global Investors, Dimitri’s prior experience also includes time as an Asset Manager at Invista REIM – both roles were Paris-based.

David Jackson comments: “Following the recent arrival of Olivier Vellay as Head of Continental European Investments, we continue to invest in the best talent to grow, develop and reinforce our market-leading skills, expertise and experience.

“Dimitri boasts a wealth of knowledge and experience of the European investment market and will play a central role in helping us to grow our European footprint, with new office openings anticipated in the near future.”

The appointment follows the European property strategy’s first foray into Portuguese real estate through a portfolio of supermarkets, which have been sold by and leased back to Sonae, Portugal’s leading food retailer. This investment was made alongside another M&G fund.

Other recent deals include:

Financing for a 43,718 sq m industrial asset in the French logistics corridor.
The acquisition of a 12,553 sq m prime office asset and a prime high street retail asset in Copenhagen.
The purchase of a 35,000 sq m office in central Madrid.
The purchase a 23,000 sq m retail park in Dreieich, Germany.
The acquisition of a prime retail site on one of Milan’s best retailing streets, pre-let to a major fashion retailer.