Blackstar Appointed as Asset Manager for MGI Holdings Property Portfolio

November 17, 2025

MGI Holdings has appointed Blackstar as asset manager for its national property portfolio, marking a significant step in the strategic optimisation and growth of the group’s real estate assets.

Under the agreement, Blackstar will oversee the asset management of MGI Holdings’ £200m property portfolio, focusing on maximising portfolio performance, driving operational efficiency, and unlocking long-term value across commercial and residential assets.

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, commented: “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.”

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