PGIM, the global investment management business of Prudential Financial, Inc. (NYSE: PRU), is one of the largest real estate investment managers in the world, with more than $175.9 billion1 in gross real estate assets under management and administration, as of September 30, 2019. Through its PGIM Real Estate and PGIM Real Estate Finance businesses, PGIM leverages a 140-year history of real estate lending on behalf of institutional and middle-market borrowers2, a 49-year legacy of investing in commercial real estate on behalf of institutional investors, and the deep local knowledge and expertise of professionals in 31 cities around the world.
PGIM Real Estate, the real estate investment management business of PGIM, has been redefining the real estate investing landscape since 1970. Combining insights into macroeconomic trends and global real estate markets with excellence of execution and risk management, PGIM Real Estate’s tenured team offers to its global clients a broad range of real estate equity, debt, and securities investment strategies that span the risk-return spectrum and geographies. For more information, visit pgimrealestate.com.
1 GROSS AUM FOR PGIM’S PRIVATE REAL ESTATE BUSINESSES, PGIM REAL ESTATE AND PGIM REAL ESTATE FINANCE. NET AUM IS $153.9B AND INCLUDES $49.8B FOR PGIM REAL ESTATE, $68.1B FOR PGIM REAL ESTATE FINANCE AND $36.0 BILLION ASSETS UNDER ADMINISTRATION.
2 INCLUDES LEGACY LENDING THROUGH PGIM’S PARENT COMPANY, PFI.