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PGIM Real Estate

Green 10/06/2021

PGIM Real Estate targets carbon neutrality by 2050

PGIM Real Estate is committed to reducing carbon emissions from its global portfolio of real estate assets under management to achieve carbon neutrality by (...)

Finance 21/05/2021

Global real estate investment managers reach AUM of €3.3tr (ANREV/INREV/NCREIF)

Total global real estate assets under management (AUM) hit €3.3tr in 2020, despite the challenges of the global pandemic, according to the Fund Manager (...)

Career 25/02/2021

PGIM Real Estate appoints new directors for its European platform

To strengthen its European platform and pursue its growth, PGIM Real Estate has made several appointments, including Jocelyn de Verdelon and Nabil Mabed. Jocelyn de (...)

Office 02/02/2021

PGIM Real Estate sells Paris 8th's 7,000 sqm Square office building

US investment manager PGIM Real Estate has announced the sale of the 7,000 sqm Square building, located 7 rue de Téhéran in the 8th (...)

Retail 15/06/2020

Paref Gestion acquires a 47,500 sqm German retail portfolio

The SCPI Novapierre Germany fund, managed by Paref Gestion, has acquired a retail portfolio. The seller of the real estate portfolio is a mandate (...)

Office 17/12/2019

US PGIM, after selling Berlin portfolio in JV, adds office tower project Stream

Just a week after selling a Berlin office package in a JV, US manager PGIM has added to holdings there, acquiring the office tower project Stream (...)

Housing 07/11/2019

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 (...)

Housing 24/09/2019

Chicago's CA Ventures enters Euro student housing with €566m, plus €340m pipeline

Chicago's CA Ventures is entering European student housing with €566m targeted yearly at UK and Ireland, plus a €340m pipeline in The Netherlands, Spain, (...)

Office 27/06/2019

Frankfurt's Cording confirms €225m Berlin Carrée Seestrasse purchase for client

Frankfurt's Cording Real Estate, part of Edmond de Rothschild Real Estate, has confirmed it advised on the acquisition of Berlin's Carrée Seestrasse for €225m on behalf (...)

Finance 24/05/2019

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 (...)

Finance 24/04/2019

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 (...)

Office 03/04/2019

LaSalle IM pays €134m to acquire Munich’s Westen Yards

LaSalle Investment Management has agreed to pay €134m to acquire the 31,000 sqm Westend Yards office building in Munich from PGIM Real Estate. The agreement (...)

Finance 26/02/2019

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 (...)

Office 22/10/2018

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 (...)

Office 16/08/2018

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 (...)