M&G Real Estate 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.
“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.”Alex Greaves, Head of UK and European Living
“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.”Marcus Eilers as Head of European Residential