Stoneweg buys MC Property, new group has €8bn in assets
Stoneweg Group, a global alternative investment manager, has completed the acquisition of MC Property, a pan-European real estate company.
Mark McLaughlin, Managing Partner, MC Property
“Joining forces with Stoneweg is an exciting milestone for our team,” said Mark McLaughlin, managing partner, MC Property. “We have developed a strong relationship with the Stoneweg and Icona teams, and we look forward to leveraging our collective expertise to drive long-term value for investors and stakeholders.”
As part of this integration, McLaughlin and the other two MC Property’s Partners, Rob Cotterell and Wouter Zwetsloot, will take on senior leadership positions within Stoneweg, further enhancing the firm’s leadership and operational capabilities. Martin Hanratty will continue to work alongside the group, sourcing new investment opportunities.
“We are thrilled to welcome the MC Property team to the Stoneweg Group,” said Jaume Sabater, CEO, Stoneweg. “Their deep industry expertise and hands-on experience in real estate investment and asset management will be instrumental in strengthening our platform and expanding our presence across key markets.”
MC Property joining Stoneweg Group reinforces the group’s commitment to delivering innovative investment solutions, maximizing operational efficiencies, and expanding its global footprint in the real estate sector, Sabater said.
Over the past six months MC Property has collaborated closely with the teams at Stoneweg and Icona Capital, Stoneweg’s largest shareholder, offering strategic advice and guidance on the acquisition and integration of the former Cromwell European platform.
The acquisition process of Cromwell Property Group’s European fund management platform and associated co-investments, including 27.8% of Cromwell European REIT, was completed in December 2024 for a total consideration of €280 million.
The successful partnership with MC Property has laid the groundwork for a seamless transition and future growth, Stoneweg said. The new venture will control around €8 billion of assets, providing equity and debt investment and development expertise in technology and infrastructure, special situations, living, light industrial, logistics, hospitality, office, as well as cultural and leisure sectors.
