PGIM Real Estate overview
PGIM Real Estate related stories
PGIM Real Estate secures 60% of its target for Asia Fund V
The firm is also in the market with its Australia debt vehicle, which is expected to reach a final close at the end of 2025.
Hotels are back – this time for a long stay
Encouraged by shifting market conditions and resilience to economic challenges, managers and investors are backing the sector to deliver strong returns in the next cycle.
PGIM Real Estate’s Amabile: ‘We’re seeing potential activity in office’
The New Jersey-based manager’s co-CEO said pricing has dropped low enough in certain markets to consider alternative use.
LGPS Central plans £100m a year in residential fund investments
The UK pension pool made the first investment for its newly launched UK Residential Indirect Property Partnership earlier this month.
Data center investors like CPP are playing catch up
The Canadian pension’s $15bn joint venture with Equinix represents a significant and necessary upsizing of its investments in the sector.
New Mexico SIC to boost real estate exposure with $5bn commitment plan
The US wealth fund also seeks to increase its non-core allocation, targeting industrial and multifamily.
Bressler’s final vindication
Renowned real estate leader and investor Léon Bressler passed away last Friday after an illness. Most will remember his many market achievements, but his meticulous estate planning must be lauded, too.
PGIM to invest $1bn in Australian RE debt within two years
Before launching a dedicated fund, the firm has deployed over A$5bn in Australia across real estate debt and equity since 2011.
PGIM Real Estate contact information
Offices
655 Broad Street, 8th Floor, Newark, 07102, United StatesContacts
| Name | Job title | Location | |
|---|---|---|---|
 Mr. Alex Lepori | Job titleExecutive Director, Data Center Investments and Portfolio Management | LocationSingapore, Singapore | Email  ----- |
| Mr. Andrew Neary | Job titleExecutive Director | LocationSydney, Australia | Email -------- |
| Mr. Benett Theseira | Job titleManaging Director and Head of Asia Pacific | LocationSingapore, Singapore | Email --------- |
| Ms. Cathy Marcus | Job titleCo-Chief Executive Officer & Global Chief Operating Officer | LocationNewark, United States | Email ---------- |
PGIM Real Estate fund commitments
Known fund commitments : 1
| Fund | Manager | Commitment date | Commitment size |
|---|---|---|---|
Manager ---------- | Commitment date- | Commitment size- | |
PGIM Real Estate funds managed
Funds in market: 6
| Fund | Fund size | Open date | Strategy |
|---|---|---|---|
Fund size -------- | Open dateApr 2021 | Strategy ----------- | |
| ------- | Fund size ------ | Open date- | Strategy --------- |
| ----- | Fund size ------ | Open date- | Strategy ----------- |
Closed funds: 42
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size ------ | Close dateDec 2021 | Strategy --------- | |
| ----- | Fund size ------- | Close dateDec 2021 | Strategy ------ |
| ------ | Fund size -------- | Close dateSep 2021 | Strategy --------- |