PGIM in the news

Several Italian companies secured significant financing from UniCredit and partners for projects in water management, renewable energy, logistics, and manufacturing.

Prudential Financial issues annuities and life insurance through various subsidiaries and partners, with financial professionals offering securities services via an unaffiliated broker-dealer, emphasizing risk disclosures and regulatory compliance.

PGIM has hired two senior executives to support the expansion of its Australian real estate business.

PGIM appointed two experienced leaders to head its Australian real estate debt and equity businesses, aiming to expand its presence in the growing Australian market.

PGIM Real Estate is accelerating its Australian expansion with senior hires and strong real estate debt and equity investments in 2024-2025.

PGIM strengthens its Australian real estate business with two senior hires to expand its debt and equity operations amid strong market growth.

PGIM has expanded its Australian real estate business by appointing two senior leaders to drive growth in debt and equity, supported by strong recent investment activity.

San Bernardino County Employees' Retirement Association committed £50 million to a PGIM Real Estate fund.

San Bernardino County Employees Retirement Association plans a £50m commitment to PGIM Real Estate’s European debt fund as part of its strategy to maintain a 5% real estate allocation.

PGIM Real Estate refinanced a $132M loan for a large grocery-anchored retail center in Pennsylvania, highlighting continued demand for such assets.

PGIM Real Estate lent $260 million to finance Bain Capital and 11North's purchase of a 10-center grocery-anchored retail portfolio in Florida and South Carolina.

PGIM increased its loan to Valor and QuadReal's UK logistics joint venture to £119m, supporting acquisitions in key urban logistics markets.

PGIM AAA CLO ETF shares dropped below their 200-day moving average, trading near the lower end of their 52-week range.

PGIM Real Estate lent an additional £40m to Valor and QuadReal's UK logistics JV, boosting total loans to £119m for acquiring and improving last-mile logistics assets.

PGIM Real Estate extended a £40 million loan to Valor Real Estate and QuadReal's logistics joint venture, raising its total loan to £119 million.

PGIM Real Estate raised its loan to £119 million for a UK logistics portfolio owned by Valor-QuadReal.

Legacy Partners and PGIM acquired a 320-unit apartment community in Azusa, CA, aiming to reposition it in a high-demand market with strategic improvements.

SL Green and PGIM refinanced 11 Madison Ave. with a $1.4B CMBS loan led by Wells Fargo, reflecting strong demand for prime NYC office space.

PGIM and Legacy Partners acquired and are repositioning a 320-unit multifamily community in Azusa, CA, with financing secured for upgrades.