2022 Real Estate Top 150 ranking: 4
PGIM Real Estate has acquired a logistics portfolio in Italy, on behalf of an institutional investor as part of their European Core/Core Plus investment program; the portfolio consists of three warehouse properties located in greater Rome and Northern Italy.
PGIM Real Estate has launched Proxilog REIM, a platform dedicated to urban logistics investments and operations in France.
PGIM Real Estate, on behalf of a value-add investment strategy, has entered into a joint venture with Madison Cairn, a newly formed division of Cairn Group, to target the recovering UK hotel sector. PGIM Real Estate is the US$209.3 billion real estate business of PGIM. Cairn is an integrated investor, developer and operator in UK leisure, with a portfolio of 33 hotels and a 50-year track record in the industry.
PGIM Real Estate has appointed Hanneke Veringa as the lead for Business Development in the Netherlands. Veringa reports to Faris Mansour, Head of EMEA Business Development, effective April 2022. Veringa will be based in the Amsterdam office, once the necessary branch authorization has been obtained. PGIM Real Estate is the US$209.3 billion real estate business of PGIM.
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