Here is a selection of the latest press releases from Prudential. For more information from Corporate Public Relations at Prudential, please email GlobalPublicRelations@news-prudential.com, or contact our communications staff.

April 05, 2017

PGIM Real Estate Finance provides £50.1 million for Central London office

LONDON, April 5, 2017 – PGIM Real Estate Finance has provided a £50.1 million (US$62.2 million) loan to an investor who acquired Fox Court, a 103,555-square-foot office property in Central London’s Midtown. PGIM Real Estate Finance, among the largest commercial mortgage lenders in the United States, is a business of PGIM, the $1 trillion global investment management business of U.S.-based Prudential Financial, Inc. (NYSE: PRU).

March 30, 2017

Prudential to announce first quarter 2017 earnings; schedules conference call

NEWARK, N.J., March 30, 2017 - Prudential Financial, Inc. (NYSE:PRU) will release its first quarter 2017 earnings on Wednesday, May 3, after the market closes. The earnings news release, the financial supplement and related materials will be posted on the company's Investor Relations website at: investor.prudential.com.

March 30, 2017

PGIM Real Estate acquires 42-44 rue de Paradis office in Paris

PARIS, March 30, 2017 – PGIM Real Estate has acquired a 6,000-square-meter office building located at 42-44 rue de Paradis on behalf of investors in a discretionary pan-European core-plus real estate fund. PGIM Real Estate is the real estate investment business of PGIM, the global investment management business of Prudential Financial, Inc. (NYSE: PRU). 

March 15, 2017

Prudential Investments to change its name to PGIM Investments

NEWARK, N.J., March 15, 2017 - Prudential Investments will change its name to PGIM Investments, effective Monday, April 3, the company announced today. Prudential Investments is the retail manufacturer and distribution arm of PGIM, the $1 trillion global investment management business of Prudential Financial, Inc. (NYSE:PRU).
March 15, 2017

Prudential recognized as one of the World’s Most Ethical Companies by the Ethisphere Institute for third consecutive year

NEWARK, N.J., March 15, 2017 - Prudential Financial, Inc. (NYSE:PRU) has been named a 2017 World’s Most Ethical Company by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices.

March 09, 2017

Prudential Retirement, Rothesay Life strike $1.2 billion longevity reinsurance agreement in sixth transaction

NEWARK, N.J., March 9, 2017 Prudential Retirement, a unit of Prudential Financial, Inc. (NYSE: PRU), and Rothesay Life Plc, today reaffirmed their growing partnership by agreeing to their sixth longevity reinsurance transaction since 2011. In the agreement, Prudential assumes the longevity risk for $1.2 billion (about £960 million) in pension liabilities, covering approximately 22,500 pensioners across eight pension plans.

March 09, 2017

Prudential Capital Group originates $12.6 billion in 2016, driven by demand by middle-market borrowers

CHICAGO, March 9, 2017 – Prudential Capital Group, a leading source of private capital for public and private companies, provided $12.6 billion to companies and projects worldwide in 2016, the largest volume of financing made in the company’s 75-year history, the company announced today. Prudential Capital Group is the private placement arm of PGIM, the $1 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

March 08, 2017

PGIM Real Estate completes the acquisition of T Tower in Seoul

SEOUL, Mar. 8, 2017 – PGIM Real Estate has recently completed the acquisition of the prime T Tower office building in Seoul’s central business district. PGIM Real Estate is the real estate investment business of PGIM, the trillion-dollar global investment management business of Prudential Financial, Inc. (NYSE: PRU).

March 01, 2017

PGIM Real Estate: Global Real Estate Trends for 2017

In its annual outlook, PGIM Real Estate research share optimism but remain cautious about 2017's outlook. Global economic growth has been steady, although the boost from low energy prices is fading in developed economies and momentum is tilting back towards emerging markets. Meanwhile, if recent events are anything to go by, undoubtedly there will be more election-related twists and turns to come. 

February 28, 2017

Three organizations hire Prudential Retirement to manage $132 million in DC plan assets

NEWARK, N.J., Feb. 28, 2017 - Three organizations, including two nonprofits, have recently hired Prudential Retirement to administer their defined contribution plans, the company announced today. Prudential Retirement, among the industry’s largest recordkeepers, is a business unit of Prudential Financial, Inc. (NYSE:PRU).