- Fund name: Asia Property Fund IV
- Amount raised: $1 billion
- Stage of fundraising: Final close
- Final close date: January 2021
- Predecessor fund: Asia Property Fund III (€580 million)
PGIM Real Estate has held a final close on Asia Property Fund IV on $1 billion. The fund will invest in value-add and opportunistic strategies across office, logistics, residential and retail sectors in Asia-Pacific.