M&G : BauMont enters the Nordics with first three residential acquisitions as part of €500 million partnership with SBF

London/Stockholm, 17 September 2026: BauMont Real Estate Capital, the value-add real estate investment manager that is part of M&G Real Estate (M&G), has entered the Nordic market through the acquisition of three residential properties in central Stockholm alongside local operating partner SBF. The acquisitions are the first to be completed as part of the partners' €500 million residential investment programme, which will continue to actively evaluate opportunities across the Stockholm region.

The Nordics real estate market is well established and attractive to institutional investors as it is supported by strong economic fundamentals. In Sweden, the residential market is underpinned by long-term population growth, restricted new housing supply and residential vacancy rates below 1% in Stockholm.

Located in Vasastan and Norrmalm, two established central Stockholm districts offering a strong mix of residential amenities and transport connections, the three properties comprise 85 apartments and commercial premises. BauMont and SBF will actively manage the properties, with targeted upgrades to selected apartments and common areas to improve the resident experience and enhance the assets' long-term quality and appeal.

These acquisitions reflect BauMont's strategy of targeting well-located European assets with potential for repositioning and long-term value creation. Supported by M&G Real Estate's €39 billion platform, BauMont combines its investment expertise with SBF's origination capabilities, local market knowledge and integrated operational platform.

Olivier Vellay, Partner at BauMont Real Estate Capital, said: "This first investment reflects the strength of opportunities in the Nordics region, and Sweden in particular. The residential market offers an attractive value proposition in a recovering market, coupled with strong market fundamentals. Together with SBF's local expertise and operational capabilities, we look forward to enhancing these assets and selectively growing BauMont's presence in the region."

Terje Björsell, CEO, SBF Fonder adds: "With more than 20 years of experience in the Swedish residential market, we combine deep local market knowledge with a scalable, integrated platform. Together with BauMont, we are now putting that experience into practice through these first acquisitions, which mark an important step in building our presence in Stockholm."