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MADISON, N.J.--(BUSINESS WIRE)-- Prudential Real Estate Investors has named Frank Garcia a managing director and portfolio manager for its core open-ended equity commingled real estate strategy ...
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PGIM Real Estate is the global real estate investment arm of PGIM, with professionals in 32 cities around the world. The firm has consistently been the largest manager of worldwide institutional assets according to Pensions & Investments, an industry publication. [20] [21] In 2020, PGIM Real Estate merged their debt and equity businesses. [22]
During these years, Prudential made major real estate investments. 1982: The Prudential Estates department of Prudential Assurance Company, a forerunner of M&G Real Estate, became PPM Property [1] 2001: Prudential Portfolio Managers (PPM) was integrated with Prudential's newly acquired fund management arm M&G [1]
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