Media Contact:

PGIM Real Estate
Brendan Duffy / 973-802-5711 / brendan.duffy@prudential.com

December 06, 2017

PGIM Real Estate acquires Tower at One Greenway apartment community in Boston

BOSTON, Dec. 6, 2017PGIM 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 real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

November 30, 2017

PGIM Real Estate and Hanover Company acquire Houston apartment community

HOUSTON, Nov. 30, 2017PGIM 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 acquire a Class A apartment community in Houston. The property, previously known as Mosaic at Hermann Park, has been rebranded as Hanover Hermann Park. PGIM Real Estate, acting on behalf of institutional investors, is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

November 08, 2017

PGIM Real Estate acquires mixed-use lifestyle center LaCenterra at Cinco Ranch in Houston suburb

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 real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

August 01, 2017

PGIM Real Estate acquires The Quaye at Palm Beach Gardens

PALM BEACH GARDENS, Fla., Aug. 1, 2017PGIM Real Estate has acquired The Quaye at Palm Beach Gardens, a 340-unit, Class A apartment community in Palm Beach Gardens, Florida, on behalf of institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

July 26, 2017

PGIM Real estate acquires Midtown Atlanta office tower

ATLANTA, July 26, 2017PGIM Real Estate has acquired Regions Plaza, a 23-story, Class A office tower in Atlanta, Georgia, on behalf of institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU)

July 19, 2017

Industrial projects key focus as PGIM Real Estate Finance generates $1.2 billion in transactions for first half of 2017

NEWARK, N.J., July 19, 2017 - PGIM Real Estate Finance, long attracted to the industrial sector, has closed more than $1.2 billion in commercial mortgage loans within the sector through the first half of 2017 as e-commerce continues to drive industrial development. The loans include transactions in the U.S., the U.K. and Australia, representing about a third of the company’s originations through June 30.

June 01, 2017

PGIM Real Estate and Kisco Senior Living joint venture acquires Bay Area senior living community

WALNUT CREEK, CALIF., June 1, 2017 - PGIM Real Estate and Kisco Senior Living have formed a joint venture to acquire and operate Byron Park, a 187-unit independent and assisted living facility in Walnut Creek, Calif. PGIM Real Estate, acting on behalf of institutional investors, is the real estate investment business of PGIM, the global investment businesses of Prudential Financial, Inc. (NYSE: PRU).

May 31, 2017

PGIM Real Estate acquires food storage and distribution centre in Jurong, Singapore

SINGAPORE, May 30, 2017 – PGIM Real Estate has recently completed the acquisition of a food storage and distribution centre at 1 Buroh Lane in Singapore, on behalf of a pan-Asia value-add fund it manages for institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).  

May 11, 2017

PGIM Real Estate raises MXP$4.4 billion for Mexican private real estate fund

MEXICO CITY, May 11, 2017 – PGIM Real Estate has completed a capital raise of MXP$4.4 billion (USD$235 million) for PruMex IV CKD, a closed-end real estate fund investing across various property sectors in Mexico. PGIM Real Estate is the real estate investment business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU). 

April 27, 2017

PGIM Real Estate raises more than £1b for European private real estate debt fund

LONDON, April 27, 2017 - PGIM Real Estate has completed a capital raise exceeding £1 billion for PRECap VI (Pramerica Real Estate Capital VI), surpassing its fundraising target. PRECap VI is the largest fund in a series dedicated to investing in private real estate debt in Europe.