M&G Real Estate acquires and funds €28.5 million Greater Paris light industrial project

M&G agreed to acquire and fund a €28.5 million light industrial and urban logistics development in Aulnay-sous-Bois, Greater Paris. Off-market deal completed via a joint venture with an Asian institutional client under a separate account mandate. Forward-funding structure with developer BT Immo to convert a former office building on a 23,000-sqm brownfield site. Project targets 12,400 sqm across eight units in Greater Paris’ northern logistics area, near the A1 and A3 motorways. Development targets BREEAM Excellent certification, with fossil fuel-free energy systems and photovoltaic-ready roofs. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. M&G plc published the original content used to generate this news brief on September 24, 2026, and is solely responsible for the information contained therein. (C)