PGIM Real Estate has sold Jung-An Building, a 10-story office building located in Seoul, South Korea. PGIM Real Estate is the real estate investment and financing business of PGIM, the US$1.5 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
PGIM Real Estate acquired the Jung-An Building for its value-add strategy in December 2019, in partnership with Samsung SRA Asset Management and Samsung Life Insurance.
Read the full press release now at the link below