PGIM’s real estate businesses complete over $35B in transactions worldwide in 2019
Prudential Financial, Inc. (PRU)
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--The real estate businesses of PGIM completed over $35 billion in transactions worldwide in 2019. The volume represents a total of 954 transactions and includes $14.8 billion in real estate equity investments and dispositions on behalf of third-party investors, in addition to a record $20.5 billion in real estate financing. PGIM is the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200302005075/en/Eric Adler, Chairman of PGIM’s Real Estate Businesses“2019 was a very strong year for us across all facets of our global real estate platform,” said Eric Adler, chairman of PGIM’s real estate businesses. “Our enhanced focus on collaboration across regions and strategies enabled us to optimize the ways in which we serve investors and borrowers to create value on their behalf. We have a tremendous opportunity a
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