Two of M&G's funds have jointly purchased 18 car auction sites across the UK for a total of £240m.
M&G Real Estate has further diversified its fund with the purchase of an £88m shopping centre in Sutton Coldfield.
M&G Real Estate has acquired two separate office locations as it looks to diversify and boost returns for investors.
M&G's property arm will ditch the name Prudential Property Investment Managers (Prupim) in favour of M&G Real Estate at the end of June, as it continues to build its third-party business.
Prupim, M&G's real estate investment management arm, has agreed to buy a £105.4m residential portfolio from Berkeley Group Holdings, marking a significant foray into UK rented housing by an institutional investor.
M&G's real estate investment arm PRUPIM has completed the freehold purchase of Heathrow Terminal 5's Hilton hotel.
Pension funds are shunning higher yielding secondary real estate property for pricier ‘prime' real estate, a report shows.
Andrew Short looks at how property managers are looking after their tenants
Prupim director and head of research Paul McNamara looks at sustainability in real estate.
Topics discussed by panellists this month include European real estate, the retail sector, alternatives, and property appetite among DC funds.