April 06, 2017

Prudential Investment Management Japan to become PGIM Japan

TOKYO, April 6, 2017-Prudential Investment Management Japan Co., Ltd. (PIMJ), will rebrand its asset management operations to PGIM Japan, to align with its global parent, PGIM, effective October 1. PGIM, the $1 trillion1 investment business of Prudential Financial, Inc. (NYSE: PRU) manages assets in 32 countries with nearly 30 percent of its assets managed for clients outside of the U.S.

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

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 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 06, 2017

PGIM Real Estate tops $12 billion in 2016 global transactions

MADISON, N.J., Feb. 6, 2017 – PGIM Real Estate completed more than $12 billion in transactions worldwide on behalf of investors in 2016, including about $8 billion in the U.S., the company announced today. PGIM Real Estate is the real estate investment business of PGIM, the trillion-dollar global investment management business of Prudential Financial, Inc. (NYSE: PRU). 

January 10, 2017

Prudential Investments launches Prudential International Bond Fund

NEWARK, N.J., Jan. 10, 2017 - Prudential Investments has expanded its multi-sector fixed income fund lineup with the launch of the Prudential International Bond Fund (Class Z: PXBZX), which offers investors an opportunity for income and capital appreciation through investments in a variety of sectors in markets around the world. Prudential Investments is the retail distribution business of PGIM, the global investment management business of Prudential Financial, Inc. (NYSE:PRU) and ranks among the top five fastest organically growing fund families.