PGIM Real Estate and Alderan announce strategic partnership in logistics

PGIM Real Estate and Alderan announce the conclusion of a strategic partnership dedicated to the acquisition and management of logistics platforms in key catchment areas in France. PGIM Real Estate is the real estate investment and financing business of PGIM, the US$1.4 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

OPPCI Organa III, launched in March 2018 by Alderan, holds a portfolio of eight logistics and business assets spread across the Paris Region, the logistics backbone, the Madrid region and other established logistics zones benefiting from strong economic and demographic dynamics. 

Read the full press release now at the link below