Blackstar Real Estate appointed on MGI Holdings’ £200m portfolio
MGI Holdings has appointed Blackstar Real Estate as asset manager for its £200m property portfolio.
Under the agreement, Blackstar will look to maximise portfolio performance, drive operational efficiency, and unlock long-term value across the group’s commercial and residential assets.
Blackstar was launched in 2024 by Sabri Marsaoui, who had previously worked for the likes of Capital & Regional and Crosstree Real Estate Partner.
Ashish Jain, CEO of MGI Holdings, said: “We are pleased to partner with Blackstar, whose expertise and proven track record in real estate asset management align perfectly with our vision for the portfolio. Their appointment reflects our commitment to strengthening asset performance and creating sustainable value for our stakeholders.”
Sabri Marsaoui, CEO of Blackstar, added: “We are proud to have been entrusted by MGI Holdings with this mandate. Our team looks forward to applying our data-driven, hands-on approach to deliver strategic insights and tangible value across the portfolio. This partnership represents a strong alignment in our commitment to excellence and responsible asset stewardship.”