
Thomas Kaechele, M&G Real Estate: beds and sheds still win
A RealTimes PeerView: Thomas Kaechele, Head of Germany and CEE at M&G Real Estate, in conversation with Alexander Morari, MRICS, CEO of Shelton Reed, at PropTech Connect Europe 2026 in London. Fourteen years into the role, Kaechele explains why beds and sheds still leads M&G's regional allocation, and why he stays prudent on data centers as a real estate asset class. M&G Real Estate is the real estate investment arm of M&G Investments, managing real estate debt and equity investments across the UK, Europe and Asia Pacific. MandG.com/realestate
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The skinny
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