November 27, 2018

Carroll Organization and PGIM Real Estate acquire three Southeast multifamily portfolios valued at nearly $600 million

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 Vedra Beach and Charleston, totaling nearly $600 million.

November 12, 2018

PGIM 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 investor.

October 24, 2018

Navigating the technology frontier beyond Silicon Valley

NEWARK, N.J., October 24, 2018 - Given the lightning-quick pace of technological change, investors must evaluate their portfolios to weed out obsolescence risk from incumbent products and business models that might soon be displaced, while developing a disciplined active investment framework to identify potential technology-driven winners, according to the latest report examining megatrends from PGIM, the $1.2 trillion asset management businesses of Prudential Financial, Inc. (NYSE: PRU).

October 22, 2018

PGIM 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 value-add fund. The seller was a German closed-ended fund managed by GLL Real Estate Partners, a member of Macquarie Group. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of U.S.-headquartered Prudential Financial, Inc. (NYSE: PRU).

October 18, 2018

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

October 03, 2018

PGIM Real Estate's defined contribution practice expands globally and adds senior leadership

NEWARK, N.J., October 03, 2018 - As a leader in the real estate defined contribution marketplace, PGIM Real Estate continues to strengthen its defined contribution platform by promoting David Skinner to global head, hiring Sara Shean as an executive director and expanding its capabilities outside of the U.S. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE:PRU).

September 20, 2018

PGIM Real Estate hires Vincent Chew as portfolio manager

Vincent Chew has joined PGIM Real Estate as an executive director and portfolio manager for PGIM Real Estate’s core investment strategy in Asia.

September 13, 2018

PGIM 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 and Latin America.

August 16, 2018

PGIM Real Estate and FGI reach agreement with TRIUVA to sell Junghof Plaza, Frankfurt

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 mixed-use redevelopment in Frankfurt. PGIM Real Estate is the real estate investment business of PGIM, Inc., the asset management arm of Prudential Financial, Inc. (NYSE: PRU). FGI is an owner-led investor and real estate developer in the residential, retail, hotel and office sectors.

August 14, 2018

PGIM Real Estate Finance provides $8.1 billion in financing in first half of 2018

NEWARK, N.J., August 14, 2018 - PGIM Real Estate Finance originated $8.1 billion in commercial mortgage financing in the first half of 2018, propelled by strong production in industrial and multifamily lending. PGIM Real Estate Finance is the commercial mortgage finance business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).