PGIM Real Estate acquires mixed-use lifestyle center LaCenterra at Cinco...
PGIM Real Estate has acquired LaCenterra at Cinco Ranch, a 412,900-square-foot outdoor mixed-use retail lifestyle center in Katy, Texas, on behalf of institutional investors. PGIM Real Estate is the...
View ArticlePGIM Real Estate and Hanover Company acquire Houston apartment community
HOUSTON, Nov. 30, 2017 – PGIM Real Estate and Hanover Company, a Houston-based private real estate firm specializing in high-quality multifamily residential properties, have formed a joint venture to...
View ArticlePGIM Real Estate acquires Tower at One Greenway apartment community in Boston
BOSTON, Dec. 6, 2017 – PGIM Real Estate has acquired the Tower at One Greenway, a 21-story Class A apartment community in Downtown Boston, on behalf of institutional investors. PGIM Real Estate is the...
View ArticlePGIM Real Estate announces leadership appointments
NEW YORK, Jan. 4, 2018 – Following the planned retirement of Kevin R. Smith, PGIM Real Estate has announced key Americas leadership roles for Cathy Marcus and Alfonso Munk effective January 1. PGIM...
View ArticlePGIM Real Estate Sells Waterfront Place in Shanghai
SHANGHAI, Jan. 10, 2018 – PGIM Real Estate has sold Waterfront Place, an office property in Shanghai, China, on behalf of Asia Property Fund (ASPF) III. PGIM Real Estate is the real estate investment...
View ArticlePGIM Real Estate Hires Lisa Davis to lead impact initiatives; new program...
NEW YORK, Jan. 25, 2018 – Lisa Davis has joined PGIM Real Estate as an executive director and portfolio manager to lead its impact-oriented real estate investment initiatives focused on affordable...
View ArticlePGIM Real Estate sells Rock Square in Guangzhou, China
HONG KONG, Feb. 9, 2018 – PGIM Real Estate has sold Rock Square, a shopping mall in Guangzhou, China, on behalf of institutional investors. PGIM Real Estate is the real estate investment business of...
View ArticlePGIM Real Estate exceeds $14 billion in 2017 transactions worldwide
NEW YORK, Feb. 14, 2018 – PGIM Real Estate completed more than $14 billion in transactions worldwide in 2017 on behalf of institutional investors, including investments in real estate equity and debt...
View ArticlePGIM Real Estate signs agreement to acquire M Campus in Meudon, Paris
PARIS, March 12, 2018 – PGIM Real Estate has signed an agreement to acquire M Campus, a 45,000-square-meter office campus in Meudon, on the outskirts of Paris.
View ArticlePGIM Real Estate acquires 75 percent interest in York & George development
SYDNEY, April 3, 2018 – PGIM Real Estate has agreed to acquire a 75 percent interest in the prime retail and commercial component of the York & George mixed-use project, currently under development...
View ArticlePGIM Real Estate, Varma complete acquisition of M Campus in Paris
PARIS, May 30, 2018 – PGIM Real Estate, in partnership with its client, the Finnish pension insurance company Varma, has acquired M Campus, a 45,000-square-meter office campus in Meudon, on the...
View ArticleStephen O'Keeffe joins PGIM Real Estate to lead Australian real estate debt...
NEWARK, N.J., June 11, 2018 – Stephen O'Keeffe has joined PGIM Real Estate as an executive director, responsible for sourcing real estate debt investments and managing relationships with prospective...
View ArticlePGIM Real Estate enters San Francisco Bay Area multifamily joint venture with...
SAN FRANCISCO, June 12, 2018 – PGIM Real Estate has formed a joint venture with a public pension fund client of CityView to acquire a 50 percent interest in a portfolio of five Class A multifamily...
View ArticlePGIM Real Estate and FGI reach agreement with TRIUVA to sell Junghof Plaza,...
FRANKFURT, GERMANY, August 16, 2018 – PGIM Real Estate and Frankfurter Gewerbeimmobilien GmbH (FGI) have signed an agreement with TRIUVA on the future sale of Junghof Plaza, a 33,000-square-meter...
View ArticlePGIM Real Estate Hires Christy Hill to lead Americas Asset Management
Christy Hill has joined PGIM Real Estate as a managing director and head of Americas Asset Management to lead and implement the company's asset management strategy for investments in the United States...
View ArticlePGIM Real Estate acquires Diana & Vesta office property in Amsterdam
FRANKFURT, Germany, Oct. 18, 2018 – PGIM Real Estate has acquired Diana & Vesta, a modern office property in Amsterdam, on behalf of one of its European core plus funds. PGIM Real Estate is the...
View ArticlePGIM Real Estate acquires The Square in Paris
PARIS, Oct. 22, 2018 – PGIM Real Estate has acquired The Square, an iconic 7,000-square-meter office building located on 7-7 bis rue de Téhéran, Paris, on behalf of its pan-European discretionary...
View ArticlePGIM Real Estate acquires grade-A logistics platform in Salon-de-Provence
PARIS, 12 Nov. 2018 – PGIM Real Estate has acquired a 100,000-square-meter grade-A logistics platform located in Salon-de-Provence, 60 kilometers north of Marseille, on behalf of an institutional...
View ArticlePGIM Real Estate agrees to purchase office in Clichy
PARIS, Dec. 4, 2018 – PGIM Real Estate signed a forward purchase agreement for the development of SWELL, two office buildings in Bac d'Asnières, Clichy. The transaction was executed off-market on...
View ArticlePGIM Real Estate hires Thomas Kallenbrunnen as senior portfolio manager for...
LONDON, Dec. 6, 2018 – Thomas Kallenbrunnen has joined PGIM Real Estate as a managing director and senior portfolio manager for its European core diversified real estate strategy.
View ArticlePGIM Real Estate sells Westend Yards in Munich, completing its Triple...
MUNICH, April 2, 2019 – PGIM Real Estate has completed the sale of Westend Yards at Hansastrasse 24-36, a 32,000-square-meter office property in Munich, on behalf of its European value-add strategy.
View ArticlePGIM provides over $1.7 billion in core plus financing since launch of U.S....
NEW YORK, July 24, 2019 – PGIM has provided over $1.7 billion in core plus financing on behalf of institutional investors since launching its U.S. core plus lending strategy in late 2017. PGIM, the...
View ArticleBridge Development Partners and PGIM Real Estate form $150 million joint...
CHICAGO, Dec. 11, 2019 – Bridge Development Partners LLC and PGIM Real Estate, the global real estate investment management business of Prudential Financial, Inc., have announced the launch of a $150...
View ArticlePGIM Real Estate completes sale of 11-property senior housing portfolio
MADISON, N.J., Dec. 17, 2019 – PGIM Real Estate has sold a portfolio of 11 senior housing properties managed by Brightview Senior Living and located throughout the Northeast and Mid-Atlantic U.S.
View ArticlePGIM Real Estate raises nearly $1 billion for Senior Housing Partners VI
MADISON, N.J., Feb. 24, 2020 – PGIM Real Estate has completed its capital raise for Senior Housing Partners VI (SHP VI), with a total of $996 million in commitments, primarily from institutional...
View ArticlePGIM's real estate businesses complete over $35B in transactions worldwide in...
The real estate businesses of PGIM completed over $35 billion in transactions worldwide in 2019. The volume represents a total of 954 transactions and includes $14.8 billion in real estate equity...
View ArticlePGIM Real Estate hires Sara Shank as global head of innovation
PGIM Real Estate has hired Sara Shank as managing director and global head of innovation, based in its Manhattan office.
View ArticlePGIM Real Estate arranges $66M acquisition financing for Inland Empire...
RIVERSIDE, Calif., May 14, 2020 – PGIM Real Estate has arranged $66 million in acquisition financing for 6275 Lance Drive, a 1-million-square-foot industrial facility located in Riverside, California,...
View ArticlePGIM Real Estate completes $12 billion in 2018 transactions worldwide
PGIM Real Estate completed approximately $12 billion in transactions worldwide in 2018 on behalf of institutional and high net worth investors, including investments in real estate equity and debt, and...
View ArticleCarroll Organization and PGIM Real Estate acquire three Southeast multifamily...
ATLANTA, November 27, 2018 - Carroll Organization and PGIM Real Estate have continued to advance their multifamily joint venture partnership with three portfolio acquisitions in Raleigh-Durham, Ponte...
View ArticlePGIM Real Estate arranges $100M refinancing for 52 Broadway in Manhattan's...
PGIM Real Estate has arranged $100 million 15-year refinancing for 52 Broadway, a 19-story 426,000-square-foot office tower located in Manhattan's Financial District.
View ArticlePGIM Real Estate acquires 15-building US industrial portfolio for $425 million
On behalf of its U.S. core real estate strategy, PGIM Real Estate has acquired a 4.7 million-square-foot, 15-building industrial portfolio located across eight properties in Atlanta, Dallas, Denver,...
View ArticlePGIM Real Estate arranges $482M Fannie Mae credit facility for six West Coast...
PGIM Real Estate has arranged a $482 million Fannie Mae credit facility collateralized by six multifamily properties located on the West Coast.
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