PGIM Real Estate related stories
All articles and analysis
In accord regardlessPrivate real estate has ignored Donald Trump’s plan to remove the US from the Paris climate agreement, with some executives suggesting the move may galvanize the industry’s efforts to preserve and advance sustainable practices in the sector.
PERE Amsterdam: RE ‘playing catch-up’ on lack of dataOne potential solution to the problem, delegates at PERE’s Investor Forum in Amsterdam heard, might come through greater sharing of real estate data in the industry, in line with rival asset classes.
PERE: European fundraising surges back in Q2European fundraising accounts for 39% of the global capital raised by closed-ended private real estate funds in H1 due to multiple $1bn-plus fundraises, according to PERE fundraising data.
- PGIM: ‘Returns likely to be much lower’
The Madison, New Jersey-based real estate investment manager has seen a noticeable decline in the percentage of global property markets where yields continue to compress.
- PGIM RE makes Singapore cold storage play
The New Jersey-based investment manager has acquired the food storage and distribution center via its pan-Asia value add fund.
- PGIM closes Mexico fund on $235m
The firm closed the previous vehicle in the series, which had a narrower investment mandate, on $284.5m in 2010.
- PGIM RE raises £1bn-plus for PRECap VI
The New Jersey-based investment manager’s latest vehicle is its largest dedicated to European private real estate debt.
- PGIM RE sells California office for $201m
DivcoWest bought the 547,000 square foot building with capital from its latest office fund.
- PGIM’s Adler ‘worried’ about deregulation
While loosening regulation is expected to boost real estate demand, it could also potentially compromise the overall health of the property market, according to the firm’s head of real estate.
- LimeTree bolsters team with Lo hire – Exclusive
The Hong Kong-based alternative real estate firm has added to its ranks with the hire of ex-Lehman, PGIM and Palmer Capital executive Joyce Lo.