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...
View ArticlePGIM 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...
View ArticlePGIM 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...
View ArticlePGIM 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...
View ArticlePGIM 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...
View ArticlePGIM 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...
View ArticlePrudential 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....
View ArticlePGIM Real Estate raises MXP$4.4 billion for Mexican private real estate fund
MEXICO CITY, May 11, 2017 – PGIM Real Estate has completed a capital raise of MXP$4.4 billion (USD$235 million) for PruMex IV CKD, a closed-end real estate fund investing across various property...
View ArticlePGIM Real Estate acquires food storage and distribution centre in Jurong,...
SINGAPORE, May 30, 2017 – PGIM Real Estate has recently completed the acquisition of a food storage and distribution centre at 1 Buroh Lane in Singapore, on behalf of a pan-Asia value-add fund it...
View ArticleCapturing alpha from growing emerging markets will require new investment...
NEWARK, N.J., June 19, 2017 - Emerging markets, which already command nearly 60 percent of global GDP on a purchasing power parity basis, will collectively drive global growth over the next decade, but...
View ArticleCameron Sinclair joins PGIM Institutional Relationship Group in Sydney
SYDNEY/NEWARK, June 21, 2017 – Cameron Sinclair has joined PGIM as Head of its Institutional Relationship Group responsible for Australia and New Zealand based in Sydney, Australia. PGIM, among the...
View ArticlePrudential Financial, Inc., and CT Corp create life insurance joint venture...
JAKARTA, July 18, 2017 – CT Corp and Prudential Financial, Inc. (NYSE: PRU), have created a joint venture to provide life insurance solutions to a broad spectrum of people in Indonesia through a...
View ArticleMMC UK Pension Fund, advised by Mercer, selects Prudential and Canada Life...
The Trustee of the MMC UK Pension Fund (the "Fund") has announced the largest longevity risk transfer for a UK pension fund since 2014. The transaction, which reinsures the longevity risk of £3.4...
View ArticleFor Asia's rapidly aging populations, innovation and forward-thinking...
TAIPEI, Taiwan, September 22, 2017 - The quickening pace of aging in Asia – a region with more than half the world's population over 60 – has urgent implications for the region's families, retirees,...
View ArticlePramerica opens state-of-the-art campus in Letterkenny
LETTERKENNY, Republic of Ireland, Oct. 20, 2017 – Pramerica Systems Ireland Limited, a wholly-owned subsidiary of Prudential Financial, Inc., today opened a new €42 million campus in Letterkenny,...
View ArticlePrudential, PIC Reach $1.2 Billion Longevity Reinsurance Agreement
NEWARK, N.J., Nov. 09, 2017 - Prudential Retirement, a unit of Prudential Financial, Inc. (NYSE:PRU), and Pension Insurance Corporation (PIC), have entered into their fifth longevity reinsurance...
View ArticleQMA continues to build global platform; hires John Gee-Grant as first head of...
NEWARK, N.J., Nov. 29, 2017 - John Gee-Grant will join QMA in the newly created role of head of international distribution and global consultant relations, as the company continues to expand its global...
View ArticlePGIM Real Estate Sells Waterfront Place in Shanghai
SHANGHAI, Jan. 10, 2018 – PGIM Real Estate has sold Waterfront Place, an office property in Shanghai, China, on behalf of Asia Property Fund (ASPF) III. PGIM Real Estate is the real estate investment...
View ArticlePrudential Financial and Scottish Widows reach first longevity reinsurance...
NEWARK, N.J., February 05, 2018 - The Prudential Insurance Company of America (PICA) a Prudential Financial, Inc. company (NYSE:PRU), and Scottish Widows Limited, a subsidiary of Lloyds Banking Group...
View ArticlePGIM Real Estate sells Rock Square in Guangzhou, China
HONG KONG, Feb. 9, 2018 – PGIM Real Estate has sold Rock Square, a shopping mall in Guangzhou, China, on behalf of institutional investors. PGIM Real Estate is the real estate investment business of...
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