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M&G Real Estate appoints new global head of real estate

Martin Towns has been named head of M&G Real Estate’s global real estate division, succeeding Tony Brown, who is retiring after a 35-year career in infrastructure and real estate investment.

M&G said Towns will lead its $42bn (€38 billion) real estate business from 1 July.

Towns, who has been with M&G for 15 years, has held roles including fund manager and, more recently, as deputy global head of M&G Real Estate, where he played a key part in the firm’s 2013 move into the residential market and the 2015 formation of its capital partnerships business.

Source: IPE Real Assets, 3 April 2025
https://realassets.ipe.com/news/mandg-real-estate-appoints-new-global-head-of-real-estate/10129823.article