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19 June 2013PREI names Eryck Su chief investment officer for Asia-Pacific businessMADISON, N.J., June 19, 2013 - Prudential Real Estate Investors has named Eryck Su a managing director and chief investment officer for Pramerica Real Estate Investors (Asia) Pte. Ltd, its Asia-Pacific business. In this role he will be responsible for overseeing the regional acquisitions and dispositions process and playing a key role in regional portfolio strategy and management. PREI® is the real estate investment management and advisory business of Prudential Financial, Inc. (NYSE: PRU). (more) |
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17 June 2013MPREI signs agreement with TDIC to acquire first phase of Saadiyat Beach Residences on Abu Dhabi’s Saadiyat IslandABU DHABI, United Arab Emirates, June 17, 2013 - Mubadala Pramerica Real Estate Investors (MPREI) signed an agreement with Tourism Development & Investment Company (TDIC) of Abu Dhabi for the acquisition of Phase One of Saadiyat Beach Residences. (more) |
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10 June 2013PREI adds Michael Gallagher as portfolio manager on REITS strategiesMADISON, N.J., June 10, 2013 - Prudential Real Estate Investors has added Michael Gallagher as a director and portfolio manager to its global real estate securities team, the company announced today. He has also been added as a manager on the Prudential Global Real Estate Fund (Class A: PURAX). PREI® is the real estate investment management and advisory business of Prudential Financial, Inc. (NYSE: PRU). (more) |
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06 June 2013Prudential Fixed Income adds Japan business to global platformNEWARK, N.J., June 06, 2013 - Prudential Fixed Income today announced that Prudential Investment Management Japan Co., Ltd has become part of its global organization. (more) |
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05 June 2013Prudential Mortgage Capital provides $73 million in financing for Hines’ purchase of London office buildingLONDON, June 05, 2013 - Prudential Mortgage Capital Company has provided $73 million in financing for Hines Global REIT’s recent purchase of One Westferry Circus, a Canary Wharf office property. Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial, Inc. (NYSE: PRU). The loan is secured by One Westferry Circus, an eight-story, 219,000 square-foot mid-rise office property in Canary Wharf built in 1992 by Olympia & York. (more) |
