PGIM Real Estate has sold Toyobo Building, a 12-story high-rise office building located in Osaka, Japan, on behalf of its investors. PGIM Real Estate is of PGIM, the US$1.4 trillion global investment management business of U.S.-headquartered Prudential Financial, Inc. (NYSE: PRU).
PGIM Real Estate [Asia Pacific]
2023 Real Estate Top 150 ranking: 4
![PGIM Real Estate [Asia Pacific]](https://dvn7slupl96vm.cloudfront.net/Pictures/100x67fitpad[255]-90/P/web/x/v/n/pgim_re_navylogo_335107.jpg)
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Asset Manager NewsPGIM Real Estate global transactions rise 43%, driven by logistics, residential and ESG trends in Asia-Pacific
SINGAPORE, 31 March 2022 – PGIM Real Estate completed a record US$42.7 billion across 1,067 transactions in 2021, up 43% from the previous year, as it continues to strengthen its global real estate portfolio across equity and debt strategies. PGIM Real Estate is the US$209.3 billion real estate business of PGIM.
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Asset Manager NewsPGIM Real Estate grows APAC logistics footprint with two food warehouses in Korea
SINGAPORE, 11 November 2021 – PGIM Real Estate has strengthened its logistics portfolio in Asia Pacific with the acquisition of two properties in Seoul on behalf of the firm’s Asia Pacific core strategy and through a joint venture with Singapore’s CapitaLand Investment. The properties were acquired from Foodist Co. Ltd and have significant cold chain facilities that support Foodist’s operations of catering and food distribution.
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People NewsPGIM Real Estate Adds Head of China
HONG KONG, SINGAPORE, 1 November 2021 – PGIM Real Estate has appointed Matthew Yao as Head of China. PGIM Real Estate is the real estate investment business of PGIM, the US$1.5 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).
![PGIM Real Estate [Asia Pacific]](https://dvn7slupl96vm.cloudfront.net/Pictures/100x67fitpad[255]-90/P/Pictures/web/x/v/n/pgim_re_navylogo_335107.jpg)
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