Goodwin’s London REI team advised the management team of BauMont Real Estate Capital Limited (“BauMont”) on the sale of a 65% stake in BauMont to M&G Real Estate Limited (“M&G”). BauMont will join forces with M&G’s £40 billion global real estate business, enabling M&G to expand its client proposition beyond its core commercial, residential and debt strategies – and the ability to invest throughout the full property cycle. In turn, BauMont will benefit from M&G’s significant pan-European real estate platform, alongside its global distribution capabilities that have been expanded in recent times to meet the growing needs of institutional investors in Europe and Asia.
Goodwin’s London REI team have also advised BauMont on the final closing of BauMont Real Estate II SCSp SICAV-RAIF, their second European real estate fund, raising over €450 million. The fund focuses on opportunistic equity and equity-like real estate strategies including office, residential, logistics, retail and other commercial real estate located primarily in France and the U.K.
BauMont is an independent real estate private equity investment firm formed in 2017 and led by Robert Balick and Frédéric Laurent, who together have over 50 years of industry experience across asset sectors and European markets. BauMont’s partners have successfully managed investments through several cycles including times of great volatility and capital vacuums. BauMont’s investment strategy covers Western Europe with a focus on France and the UK. BauMont seeks to generate superior returns by acquiring real estate assets where value can be created through intensive asset management and unlocking arbitrage opportunities. With offices in London and Paris, BauMont's experienced investment team has an extensive network of relationships, providing access to a wide range of investment opportunities in the office, retail, industrial and residential real estate sectors.
The Goodwin team was led by James Spence, Niall Dickson and Indy Sohal and included Laura Charkin, Katie Leah, Nathan Langford, Matthew Birchall, Alex Fisher, Akshay Chauhan, Alex Nicolaidis, Ed Saunders, Carl Windrup, Terri Houston, Alice Bennett, Katie Sharkey, Jake Simons, Charlie Watts, Laura Kelly, Virginie Leroy, and Adelina Popescu.
For more information on the deal, please read the press release.