BauMont Real Estate Capital, the value‑add real estate investment manager majority owned by M&G Real Estate, in partnership with UK real estate developer Hondo Enterprises, is to redevelop 1 Vincent Square in Westminster, converting a period building into a prime residential scheme. The six‑storey property will be transformed into 26 luxury apartments, with construction due to start imminently. The redevelopment sits within M&G’s broader value-add strategy focusing on well-located assets in major global cities, with a particular emphasis on living strategies and mixed-use opportunities in supply constrained markets.
Source: IPE Real Assets on 13 May 2026
https://realassets.ipe.com/news/mandgs-baumont-and-hondo-to-launch-residential-redevelopment-in-westminster/10136694.article