PGIM Real Estate related stories
All articles and analysis
Invesco launches first Asia funds after AIG acquisitionThe subsidiary of global asset manager Invesco has hit the fundraising trail for an $800m opportunity fund and a rare open-ended, core focused vehicle for which it expects to attract $1bn in five years.
- Friday Letter After the storm
New York, home to many private equity real estate firms, regroups in the wake of Hurricane Sandy.
- Korea’s NPS confirms $400m Pramerica Asia mandate
The National Pension Service of Korea, the $270 billion pension fund, reportedly informed Dow Jones it was to commit $400m to a separate account mandate awarded to Pramerica Real Estate Investors. PERE revealed the appointment last month.
- Feature: Hong Kong's PCCW Tower explored
Hong Kong’s PCCW Tower in Island East has had three different major stakeholders in the space of two months via two transactions. PERE explores what happened and why its newest stakeholder, Grosvenor, is keen to hold the asset for the long term.
- FEATURE: Pay checking
Executive search firm Sousou Partners shares with PERE a comprehensive pay scale for the private equity real estate industry which points to a general recovery in compensation levels. But rejuvenating pay doesn’t necessarily equal a buoyant jobs market as Jonathan Brasse discovers. PERE magazine September 2010 issue
- Pramerica sells HK$3.2bn tower stake to Swire
Pramerica Real Estate Investors announced today it had sold its 80 percent stake in Hong Kong skyscraper PCCW Tower. The firm was thought to have been seeking an exit since 2008 but has now managed to garner “double digit” returns through a reported HK$3.2 billion sale to Swire Properties.
- Pramerica, Panattoni plot €100m logistics spree
Pramerica Real Estate Investors, the Parsippany-based real estate investment business of Prudential Financial, has teamed up with US logistics developer Panattoni to acquire €100m of logistics properties in Central and Eastern Europe.
- Pramerica swoops on Tishman’s Euro star
Pramerica Real Estate Investors has recruited Eric Adler, the joint head of Europe for Tishman Speyer, to spur its growth in the region
- Pramerica: signs of life in debt market
The US firm says in its latest European bulletin that the focus of bank lending is on core prime assets in Western European cities, but that there are signs of ‘risk appetite’ returning
- Pramerica: “both buyer and seller in UK”
New European chief executive, Eric Adler, says the firm anticipates being active on the buy and sell-side on behalf of different investors after unveiling £100m of deals