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PGIM Real Estate completes nearly US$30 billion in transactions worldwide in 2020
February 8, 2021 GMT
President and CEO, PGIM Real Estate (Photo: Business Wire)
NEW YORK--(BUSINESS WIRE)--Feb 8, 2021--
PGIM Real Estate completed nearly US$30 billion in transactions worldwide in 2020. The volume represents a total of 911 transactions and includes $10.2 billion in real estate equity investments and dispositions on behalf of third-party investors, in addition to $19.5 billion in real estate financing. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc. ( NYSE: PRU ).