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PGIM REAL ESTATE

Investment fund - Investment company / Asset management - Fund management

Last update December 18, 2019 | Report an error

Lisa Davis

Executive Director, Impact investing

Housing

US PGIM, Germany's DeWAG acquire Frankfurt-Sachsenhausen resi complex

US investment manager PGIM, together with the German DeWAG group, has acquired a residential complex in Frankfurt-Sachsenhausen holding 382 units. The seller is a family office from Munich, and DeWAG said (...)

Finance

2018 global property AUM up 12% to €2.8tr; Blackstone first to exceed €200bn

Global real estate assets under management last year rose by 12% to €2.8tr, with Blackstone becoming the first manager to exceed €200bn, say non-listed groups INREV, ANREV and NCREIF. The (...)

Finance

CBRE GI wins €350m refinancing for Dutch Office Fund from PGIM, UK's Rothesay

CBRE Global Investors has completed a €350m refinancing for its Dutch Office Fund, provided jointly by US-based PGIM Real Estate and UK insurer Rothesay Life. The loan is secured (...)

Finance

US PGIM allocates $12bn to global real estate in 2018, $2.4bn to Europe

PGIM, the global asset manager of NYSE-listed Prudential Financial, invested $12bn in real estate last year across 216 transactions, of which $2.4bn in 56 European deals. The (...)

Office

US PGIM acquires 7,000 sqm The Square office in Paris

PGIM Real Estate, a division of the US listed Prudential financial group, has acquired the 7,000 sqm The Square office complex in Paris, from funds managed by GLL Real (...)

Office

Germany’s Triuva acquires office scheme Junghof Plaza in Frankfurt for €400m

US investment manager PGIM Real Estate and Frankfurter Gewerbeimmobilien GmbH (FGI) confirmed the signing of an agreement with Germanys’s Triuva on the future sale of Junghof Plaza, (...)

Office

Finnish Varma eyes more in Paris after M Campus buy with PGIM

Finnish pension insurance group Varma aims to invest more in Paris after the acquisition of M Campus last month, together with US investment manager PGIM, says its real estate (...)

Finance

Japan capital entering euro real estate not for the cycle but the longer term

The entry of GPIF, Japan Post and other giant Tokyo institutions to European property is happening but may take longer if managers reject inital fee demands. Still, (...)