Announcement • Jun 24
M&G plc Announces Board and Committee Changes, Effective September 3, 2026 M&G PLC announced the following changes to the Board with effect from September 3, 2026: Clare Thompson, Senior Independent Non-Executive Director and Chair of the Audit Committee, stood down from the Board on September 3, 2026, following the publication of the Company's Half Year 2026 results and after seven years of service. The Board appointed Clare Chapman as Senior Independent Director and Paul Evans as Chair of the Audit Committee, in each case with effect from September 3, 2026. Paul Evans had been a member of the Audit Committee since October 2024. Announcement • Apr 23
M&G plc to Report First Half, 2026 Results on Sep 03, 2026 M&G plc announced that they will report first half, 2026 results on Sep 03, 2026 Announcement • Mar 27
M&G plc, Annual General Meeting, Apr 30, 2026 M&G plc, Annual General Meeting, Apr 30, 2026. Location: 10 fenchurch avenue, ec3m 5ag, london United Kingdom Announcement • Mar 18
M&G plc Announces Board and Committee Changes Effective April 1, 2026 M&G plc announced that Clive Adamson has been appointed as a member of the Remuneration Committee and the following Non-Executive Directors have been appointed as members of the Nomination and Governance Committee: Paul Evans, Dev Sanyal, Elisabeth Stheeman, and Massimo Tosato. Following these appointments, the Nomination and Governance Committee now includes all of the Company's Non-Executive Directors. These committee appointments are with effect from April 1, 2026. Announcement • Dec 08
M&G plc to Report Fiscal Year 2025 Results on Mar 12, 2026 M&G plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Mar 12, 2026 Announcement • Sep 04
M&G plc Declares First Interim Dividend of 2025, Payable on 17 October 2025 M&G plc announced that on 30 June 2025, the Board has declared The 2025 first interim dividend of 6.7 pence per share (30 June 2024: 6.6 pence per share) is in line with progressive dividend policy, payable on 17 October 2025. Ex-dividend date of 11 September 2025. Record date of 12 September 2025. Announcement • Jul 09
Mg Appoints Nadia Nikolova as Chief Executive Officer of Responsability, Effective from September 1, 2025 MG has announced the appointment of Nadia Nikolova as chief executive officer of responsAbility. She will take charge from September 1. Nikolova is a former head of direct lending at Allianz Global Investors. ResponsAbility's mission is to mobilise capital and invest in emerging markets. It offers tailor-made and fund investment solutions to institutional investors. Announcement • Jun 07
M&G plc to Report First Half, 2025 Results on Sep 03, 2025 M&G plc announced that they will report first half, 2025 results on Sep 03, 2025 Announcement • Mar 26
M&G plc, Annual General Meeting, Apr 30, 2025 M&G plc, Annual General Meeting, Apr 30, 2025. Location: m and g plc, 10 fenchurch avenue, ec3m 5ag, london United Kingdom Announcement • Mar 19
M&G plc Announces Second Interim Dividend for the Year 2024, Payable on 9 May 2025 and Announces Progressive Dividend Policy M&G plc announced the 2024 second interim dividend of 13.5 pence per share (2023: 13.2 pence per share) takes the total dividend for the year to 20.1 pence, up 2% year-on-year, in line with new progressive dividend policy. The second interim dividend is payable on 9 May 2025. Ex-dividend date: 27 March 2025; Record date: 28 March 2025.
The company also announced moving to a progressive dividend policy, starting with a 2% increase for the 2024 total dividend per share. Announcement • Feb 07
M&G plc (LSE:MNG) agreed to acquire 70% stake in P Capital Partners AB. M&G plc (LSE:MNG) agreed to acquire 70% stake in P Capital Partners AB on February 6, 2025. PCP's management will retaining the remaining equity stake of P Capital Partners AB following the transaction. The transaction is subject to approval by regulatory board / committee. The transaction is expected to close in mid 2025.
Moelis & Company UK LLP acted as exclusive financial advisor, Goodwin Procter and Mannheimer Swartling acted as legal advisors to P Capital Partners. Fenchurch Advisory Partners acted as financial advisor, Freshfields and Gernandt & Danielsson Advokatbyrå KB acted as legal advisors to M&G plc. Announcement • Jan 21
M&G plc Announces Management Changes M&G Investments has hired AXA Investments UK CEO Marcello Arona as its new funds finance boss. Arona replaces Sean Fitzgerald as CFO for M&G’s asset management business. Fitzgerald is retiring after seven-and-a-half years in the role. Arona will be responsible for M&G Investments’ global financial operations, playing a pivotal role in its overall long-term growth objectives. Arona reports to M&G plc’s chief financial officer Kathryn McLeland and will work closely with M&G Investments CEO Joseph Pinto. Marcello joined AXA IM in 2005 as COO of AXA IM Italy. He moved to the US becoming Regional CFO in 2013 and was appointed head of AXA IM Americas in 2017. He was appointed head of the UK business and AXA IM GS in December 2020. Announcement • Nov 22
M&G plc to Report Fiscal Year 2024 Results on Mar 19, 2025 M&G plc announced that they will report fiscal year 2024 results on Mar 19, 2025 Reported Earnings • Sep 06
First half 2024 earnings released: UK£0.026 loss per share (vs UK£0.029 profit in 1H 2023) First half 2024 results: UK£0.026 loss per share (down from UK£0.029 profit in 1H 2023). Revenue: UK£2.75b (down 2.6% from 1H 2023). Net loss: UK£62.0m (down 191% from profit in 1H 2023). Revenue is expected to decline by 87% p.a. on average during the next 3 years, while revenues in the Diversified Financial industry in Germany are expected to grow by 13%. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Sep 04
M&G plc Declares Interim Dividend, Payable on 18 October 2024 M&G plc declared an interim ordinary dividend of 6.6 pence per share (30 June 2023: 6.5 pence per share), payable on 18 October 2024. Ex-dividend date is 12 September 2024. Record date is 13 September 2024. Board Change • Sep 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Elisabeth Stheeman was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 01
M&G plc Appoints Paul Evans as an Independent Non-Executive Director, Effective 1 October 2024 M&G plc announced the appointment of Paul Evans as an independent non-executive director with effect from 1 October 2024. Paul is an experienced senior business leader in financial services, with deep experience of Life Insurance. He spent 17 years at AXA in a variety of senior roles in Life Insurance, Wealth and Asset Management, including Group CEO of AXA's Global Life, Savings and Health businesses with responsibility for global asset management. Prior to joining AXA, Paul spent 13 years with PwC as a Chartered Accountant. Paul brings international experience of regulated risk management and governance frameworks. For the past six years, he has served as a Non-Executive Director across a comprehensive portfolio of companies. He is currently Chair of Allianz Holdings plc and Non-Executive Director and Chair of the Audit Committee of Bupa. Paul will also become a member of the Audit, Risk and Remuneration Committees. Announcement • Jun 20
M&G plc to Report First Half, 2024 Results on Sep 04, 2024 M&G plc announced that they will report first half, 2024 results on Sep 04, 2024 Announcement • Apr 17
M&G plc, Annual General Meeting, May 22, 2024 M&G plc, Annual General Meeting, May 22, 2024, at 09:00 Coordinated Universal Time. Location: 10 Fenchurch Avenue London United Kingdom Announcement • Apr 16
M&G plc Announces Board Changes M&G plc announced the appointment of Elisabeth Stheeman as an independent Non-Executive Director with effect from 1 August 2024. She will become a member of the Audit and Risk Committees on the same date Elisabeth has significant non-executive experience on a range of Boards and organizations within the private and public sectors in the UK, Germany and France. She recently completed her second three-year term on the Bank of England's Financial Policy Committee ("FPC"), having also served as a member of the Bank of England's Financial Markets Infrastructure ("FMI") Board, and as a senior advisor to the Prudential Regulation Authority. She is currently Chair of the Edinburgh Investment Trust plc, a Non-Executive Director of W. P. Carey Inc, and an External Member of the Audit and Risk Committee of the Asian Infrastructure Investment Bank. She came to the end of her final terms on the Bank of England's FPC in February 2024 and the Bank of England's FMI Board in December 2023 Elisabeth also has over 30 years' executive experience in global blue chip organizations across a range of different sectors, including banking, real estate, private equity and investment management. She was previously Global Chief Operating Officer for LaSalle Investment Management and prior to that worked at Morgan Stanley for 25 years across a variety of sectors including Real Estate and the Financial Institutions Group. Clare Thompson, who has been the acting Senior Independent Non-Executive Director (SID) since 24 May 2023, has been appointed to be the Senior Independent Non-Executive Director (SID). Announcement • Mar 24
M&G plc Announces Second Interim Dividend for the Year Ended 31 December 2023, Payable on May 9 ,2024 M&G plc announced a second interim dividend of 13.2 pence for the year ended 31 December 2023, payable on May 9,2024. Ex-dividend date March 28, 2024, Record date is April, 2024. Announcement • Mar 23
M&G plc Appoints Charlotte Heiss and Rob Lewis, Chief Auditor to the Group Executive Committee M&G plc appointed Charlotte Heiss, General Counsel and Company Secretary and Rob Lewis, Chief Auditor to the Group Executive Committee. Reported Earnings • Mar 21
Full year 2023 earnings released: EPS: UK£0.13 (vs UK£0.66 loss in FY 2022) Full year 2023 results: EPS: UK£0.13 (up from UK£0.66 loss in FY 2022). Net income: UK£297.0m (up UK£1.93b from FY 2022). Revenue is expected to decline by 107% p.a. on average during the next 2 years, while revenues in the Diversified Financial industry in Germany are expected to grow by 12%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Announcement • Jan 26
M&G plc to Report Fiscal Year 2023 Results on Mar 21, 2024 M&G plc announced that they will report fiscal year 2023 results on Mar 21, 2024 Announcement • Oct 31
M&G Appoints Kathy Ryan as Chief Sustainability Officer M&G appointed Kathy Ryan as chief sustainability officer. As chief sustainability officer, she will oversee M&G's Group Sustainability Strategy, integrating sustainability throughout the company and serving as a liable, long-term investor to promote beneficial change in the real world. Ryan was head of responsible investment at Irish Life Investment Management (ILIM) before joining M&G. In order to promote sustainable development and stewardship across asset classes at ILIM, Ryan established and oversaw a team of ESG experts. She also chaired the CDP Ireland Network, introduced the 30% Investor Initiative Ireland on Diversity, enhanced sustainable best practises throughout industry, and assisted in Ireland's Climate Action Plan. Furthermore, Ryan established Global Green Investments, an ESG investment research and analytics company that provided advice to the UK government, the World Bank, and the European Commission. With a wealth of knowledge in sustainable investing, she will begin on 13 November and report to Kathryn McLeland, chief financial officer. Announcement • Oct 28
MG Investments Appoints Amy Cho as Head of Operations for Asia Pacific MG Investments has announced the appointment of a head of operations for Asia Pacific. Amy Cho, the new appointment, is joining the firm from Schroders. She is to replace Loretta Ng. Cho is to function as head of Asia Pacific and as CEO of MG Investments Singapore. Reported Earnings • Sep 21
First half 2023 earnings released: EPS: UK£0.029 (vs UK£0.45 loss in 1H 2022) First half 2023 results: EPS: UK£0.029 (up from UK£0.45 loss in 1H 2022). Net income: UK£68.0m (up UK£1.22b from 1H 2022). Revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance. Announcement • Jul 06
M&G plc Announces Executive Changes M&G plc announced Former Brooks Macdonald chief Caroline Connellan has been appointed CEO of M&G Wealth. Connellan will take up her post in September, overseeing M&G’s £85 billion wealth division. She replaces Clare Bousfield, who left the business in May, and will report to M&G CEO Andrea Rossi. Connellan stepped down as CEO of Abrdn’s personal wealth division for personal reasons a year ago after nine months in the role. Prior to this, she served as CEO of Brooks Macdonald for four years, leading a strategic overhaul of the business before her exit in 2021. Overall, she has 25 years of experience. She started her career at Newton Investment Management, which was followed by stints at HSBC’s retail and wealth arm and the Investment Association. Commenting on the appointment, Rossi highlighted Connellan’s track record in transforming businesses to deliver growth. Connellan is the latest former senior Abrdn figure to join M&G’s wealth operation. Announcement • Jun 06
M&G plc Announces Company Secretary Changes M&G plc announced that Charlotte Heiss is appointed as Company Secretary of M&G plc with effect from 5 June 2023, replacing Alan Porter. Charlotte also succeeds Alan as General Counsel and Company Secretary. Announcement • May 19
M&G plc to Report First Half, 2023 Results on Sep 20, 2023 M&G plc announced that they will report first half, 2023 results on Sep 20, 2023 Announcement • May 06
M&G plc announced that it has received £48.6 million in funding from Kingdom Holding Company M&G plc announced a private placement for gross proceeds of £48.6 million on May 4, 2023. The transaction included participation from returning investor Kingdom Holding Company. The company has issued common shares in the transaction. As part of transaction investor holding ownership in the company got increased from 5.3% to 6.4%. Reported Earnings • Mar 27
Full year 2022 earnings released: UK£0.66 loss per share (vs UK£0.033 profit in FY 2021) Full year 2022 results: UK£0.66 loss per share (down from UK£0.033 profit in FY 2021). Net loss: UK£1.63b (down UK£1.72b from profit in FY 2021). Revenue is forecast to grow 63% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Diversified Financial industry in Germany. Buying Opportunity • Mar 17
Now 22% undervalued Over the last 90 days, the stock is up 2.8%. The fair value is estimated to be €2.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 66% over the last 3 years. Meanwhile, the company became loss making. Announcement • Jan 17
M&G plc Appoints Joseph Pinto as its Next Chief Executive Officer of M&G Asset Management M&G plc announced the appointment of Joseph Pinto as its next Chief Executive Officer of M&G Asset Management. Joseph will have accountability for all investment capabilities including the equity, fixed income, multi asset, private and alternative asset strategies alongside distribution, operations and proposition management across the Asset Management business. With 30 years of experience in asset management, financial services, and consulting, Joseph joins from Natixis Investment Managers where he has served as a Head of Distribution and Investment Solutions for EMEA, APAC and LATAM and Global Chief Operating Officer. Previously at AXA Investment Managers for 13 years, Joseph held senior positions, including Global Chief Operating Officer, Global Head of Markets & Investment Strategy and Head of Business Development for South Europe and the Middle East. Joseph joins in March 2023 and will become a member of M&G's Executive Committee, reporting to Group Chief Executive, Andrea Rossi. He is succeeding Jonathan (Jack) Daniels who, in July 2022, announced his intention to retire following 21 years with the business. Announcement • Dec 03
M&G plc to Report Fiscal Year 2022 Results on Mar 09, 2023 M&G plc announced that they will report fiscal year 2022 results on Mar 09, 2023 Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Independent Non-Executive Director Clive Adamson is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Sep 15
Supermarket Income REIT plc (LSE:SUPR) acquired Tesco supermarket in Llanelli, South Wales from M&G plc (LSE:MNG) for £66.8 million Supermarket Income REIT plc (LSE:SUPR) acquired Tesco supermarket in Llanelli, South Wales from M&G plc (LSE:MNG) for £66.8 million on September 14, 2022. Atrato Capital Limited acted as financial advisor to Supermarket Income REIT.Supermarket Income REIT plc (LSE:SUPR) completed the acquisition of Tesco supermarket in Llanelli, South Wales from M&G plc (LSE:MNG) for £66.8 million on September 14, 2022. Announcement • Aug 11
M&G plc Declares Interim Dividend, Payable on 29 September 2022 M&G plc declared an interim ordinary dividend of 6.2 pence per share, payable on 29 September 2022. Ex-dividend date is August 18, 2022. Record date is August 19, 2022. Announcement • Aug 04
M&G plc (LSE:MNG) agreed to acquire 49.9% stake in Continuum (Financial Services) LLP. M&G plc (LSE:MNG) agreed to acquire 49.9% stake in Continuum (Financial Services) LLP on August 3, 2022. On completion Continuum will become part of M&G Wealth.Continuum will retain its own brand and sit alongside M&G Wealth's existing advice, platform and investment businesses. The deal is subject to regulatory approval. Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improved over the past week After last week's 15% share price gain to €2.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Diversified Financial industry in Europe. Total returns to shareholders of 7.0% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €3.15 per share. Announcement • May 26
M&G plc Announces Committee Membership Changes M&G plc announced the following changes to the membership of the Board's principal Committees with immediate effect: Dev Sanyal will join the Audit Committee and the Risk Committee; and Clare Chapman will step down from the Risk Committee. Announcement • May 12
M&G plc to Report First Half, 2022 Results on Aug 11, 2022 M&G plc announced that they will report first half, 2022 results on Aug 11, 2022 Announcement • Apr 28
M&G plc Announces Retirement of John Foley as Chief Executive M&G plc announced that John Foley, Group Chief Executive, has informed the Board of his intention to retire. The Board will now initiate a process to appoint a new Chief Executive, which will be led by Edward Braham, Chair of the Board and of M&G plc's nomination committee. John will continue to serve as Group Chief Executive until a successor is in place. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Chair of the Board Edward Braham was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 14
M&G plc, Annual General Meeting, May 25, 2022 M&G plc, Annual General Meeting, May 25, 2022, at 09:00 Coordinated Universal Time. Location: 10 Fenchurch Avenue London EC3M 5AG London United Kingdom Agenda: To consider Directors' Remuneration Report. Reported Earnings • Mar 09
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: UK£0.033 (down from UK£0.44 in FY 2020). Revenue: UK£17.8b (up 10% from FY 2020). Net income: UK£83.0m (down 93% from FY 2020). Profit margin: 0.5% (down from 7.0% in FY 2020). Revenue missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 17%, compared to a 13% growth forecast for the industry in Germany. Announcement • Mar 06
M&G plc to Report Fiscal Year 2021 Results on Mar 08, 2022 M&G plc announced that they will report fiscal year 2021 results on Mar 08, 2022 Announcement • Feb 25
M&G plc Appoints Edward Braham as Chair of the Board with Effect from 14 March 2022 M&G plc announced that Edward Braham will become Chair of the Board with effect from 14 March 2022. He will take over from Fiona Clutterbuck, who has been Interim Chair since January 2021, and will now resume her role as Senior Independent Director. Edward was the Senior Partner of Freshfields Bruckhaus Deringer, the global law firm, and before that was global head of its Corporate practice. While Senior Partner, he headed the firm's strategic growth in the US, including establishing a new office in Silicon Valley. Edward also led on culture, diversity and ESG. He is a leading international M&A lawyer, with experience in many industries including financial services. Edward is a non-executive Director of TheCityUK, where he chairs the International Trade and Investment Group and is a member of the Remuneration and Nomination Committee. He has also recently become a non-executive board member of HM Treasury and a member of its Audit and Risk and Nominations Committees. The appointment has been approved by the PRA and FCA. Announcement • Feb 18
M&G plc (LSE:MNG) acquired TCF Fund Managers LLP. M&G plc (LSE:MNG) acquired TCF Fund Managers LLP on February 17, 2022. TCF becomes part of M&G Wealth and will be rebranded in due course. The deal has been approved by the FCA. s. M&G Wealth will take responsibility for the ongoing management of MAPS and will also launch a new range of portfolios in the coming months. The joint founders of TCF, David Norman and Gary Mairs, will leave the business later in the year as Shanti Kelemen, Chief Investment Officer of M&G Wealth, takes responsibility for the business.
M&G plc (LSE:MNG) completed the acquisition of TCF Fund Managers LLP on February 17, 2022. Announcement • Jan 28
M&G plc (LSE:MNG) agreed to acquire 90% stake in responsAbility Investments AG. M&G plc (LSE:MNG) agreed to acquire approximately 90% stake in responsAbility Investments AG on January 27, 2022. responsAbility's 200 employees will join M&G on completion of the deal. The business will remain headquartered in Zurich and continue to serve its clients and portfolio companies across more than 70 emerging markets from its eight offices. The business will continue under the day-to-day management of its existing team, led by Chief Executive Officer Rochus Mommartz. The acquisition is subject to regulatory approval. Announcement • Jan 27
M&G plc (LSE:MNG) agreed to acquire approximately 90% stake in responsAbility Investments AG. M&G plc (LSE:MNG) agreed to acquire approximately 90% stake in responsAbility Investments AG on January 27, 2022. responsAbility's 200 employees will join M&G on completion of the deal. The business will remain headquartered in Zurich and continue to serve its clients and portfolio companies across more than 70 emerging markets from its eight offices. The business will continue under the day-to-day management of its existing team, led by Chief Executive Officer Rochus Mommartz. The acquisition is subject to regulatory approval. Announcement • Dec 23
M&G plc (LSE:MNG) agreed to acquire a 6.3% stake in Bluewater Shopping Centre from Land Securities Group plc (LSE:LAND). M&G plc (LSE:MNG) agreed to acquire a 6.3% stake in Bluewater Shopping Centre from Land Securities Group plc (LSE:LAND) on December 22, 2021. In a related transaction, Landsec acquired an additional 25% stake in Bluewater Shopping Centre from Lendlease Retail Partnership for £172 million. Announcement • Dec 17
M&G plc (LSE:MNG) acquired Multimodel Container Services Beheer B.V. M&G plc (LSE:MNG) acquired Multimodel Container Services Beheer B.V. on December 15, 2021.
M&G plc (LSE:MNG) completed the acquisition of Multimodel Container Services Beheer B.V. on December 15, 2021. Recent Insider Transactions • Dec 04
Independent Non-Executive Director recently bought €67k worth of stock On the 1st of December, Massimo Tosato bought around 30k shares on-market at roughly €2.22 per share. In the last 3 months, they made an even bigger purchase worth €237k. Insiders have collectively bought €437k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Nov 23
Independent Non-Executive Director recently bought €237k worth of stock On the 18th of November, Massimo Tosato bought around 100k shares on-market at roughly €2.37 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €370k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 14
Insider recently bought €131k worth of stock On the 13th of August, John Foley bought around 50k shares on-market at roughly €2.63 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €133k more in shares than they have sold in the last 12 months. Reported Earnings • Aug 12
First half 2021 earnings released: UK£0.098 loss per share (vs UK£0.32 profit in 1H 2020) The company reported a decent first half result with improved revenues, although earnings and control over costs were weaker. First half 2021 results: Revenue: UK£9.21b (up UK£7.73b from 1H 2020). Net loss: UK£251.0m (down 131% from profit in 1H 2020). Announcement • Aug 12
Clearbell UK Strategic Trust, managed by Clearbell Capital LLP and Lasalle Global Partner Solutions Limited acquired 39,000 sq ft office at 46 Clarendon Road in Watford from M&G plc (LSE:MNG). Clearbell UK Strategic Trust, managed by Clearbell Capital LLP and Lasalle Global Partner Solutions Limited acquired 39,000 sq ft office at 46 Clarendon Road in Watford from M&G plc (LSE:MNG) on August 10, 2021. In related transactions, Clearbell UK Strategic Trust has acquired Freetrade Exchange, 18,000 sq ft asset at Colebrook Row and 72,000 sq ft industrial asset in Manton Wood.
Clearbell UK Strategic Trust, managed by Clearbell Capital LLP and Lasalle Global Partner Solutions Limited completed the acquisition of 39,000 sq ft office at 46 Clarendon Road in Watford from M&G plc (LSE:MNG) on August 10, 2021.