PGIM Real Estate related stories
All articles and analysis
Grosvenor changes US fund management leadershipLong-serving director Doug Callantine is making way for incoming joint chief executive officers Andrew Galbraith and Alexia Gottschalch. The switchover starts on Monday.
- Pramerica's UK strategy snares £135m separate account
Major corporate pension fund invests with Pramerica for a UK ground rent strategy amid ‘growing trend’ of investors moving away from traditional products, such as index-linked gilts and corporate bonds.
- Pramerica consolidates Asia retail assets into S$3bn fund
Pramerica Real Estate Investors is to manage its first open-ended real estate fund in Asia after consolidating 11 assets previously held by its series of Asia retail funds.
- Pramerica to develop €120m shopping centre in Germany
Pramerica Real Estate Investors has formed a joint venture company with Herbert Krämer, the chief executive and founder of local property firm hkm Management to develop a major new mall in Böblingen, near Stuttgart in the Baden-Württemberg area.
- Baring Private Equity Asia hires PREI's Charles Lam
Weeks after appointing Pramerica Real Estate Investors’ acquisitions vice president Joji Thomas, the Hong Kong-based private equity firm has now hired its managing director for Greater China.
- Pramerica forms €120m Berlin residential JV
The European arm of the real estate investment management and advisory business of Prudential Financial adds to its stable of European joint venture partners a residential specialist in Berlin. The partnership has already committed approximately €24m to the purchase of 13 residential blocks.
- Baring Private Equity Asia begins growing team
The Asia-focussed private equity firm with $5 billion of assets under management has followed up its hire of a real estate head with an ex-Pramerica Real Estate Investors investment professional.
- Equity-shy pensions embracing alternative assets
A shift in strategy by pension funds worldwide means they now comprise around half of alternative asset managers' investor base, according to a recent survey. The survey also shows pensions’ already strong appetite for real estate continuing to grow as they seek to diversify away from equities.
- ASIA NEWS: Ins and outs at Pramerica
Pramerica Real Estate Investors has lost investment professionals in Asia, but CEO Victoria Sharpe insists the firm is growing in the region nonetheless. PERE Magazine July/August 2011 issue.
- Pramerica makes A$130m Melbourne investment
Pramerica Real Estate Investors has acquired the majority interest in a large office building in Melbourne from Investa Property Group, the Australian fund manager owned by Morgan Stanley Real Estate Investing.