Deal Watch

Highlighting recent transactions that show how we invest with conviction globally across sectors and strategies

2025 Transactions 1Q26 Deal Highlights

$32B

Transactions, full-year 2025 info info_outline keyboard_control_key arrow_drop_up

6,100+

Owned and financed properties info info_outline keyboard_control_key arrow_drop_up

56

Year Track Record Real Estate Investment Experience info info_outline keyboard_control_key arrow_drop_up

The biggest risk in today’s market is staying on the sidelines, and our recent transactions show how we are leaning in. Focused on everyday life sectors and selective market opportunities, we believe that we are capitalizing on a compelling investment vintage. With market momentum returning, albeit unevenly, we are targeting opportunities where repricing and dislocation are creating attractive entry points. 

Our approach is highly selective, deploying capital where local insight, sector expertise, and execution capabilities can unlock value. This reflects our conviction in creating long-term value through living space and the urban infrastructure that underpins modern cities.

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GLOBAL TRANSACTIONS BY PROPERTY TYPE, FULL YEAR 2025

Equity

Percentage of acquisitions and dispositions.

Debt

Percentage of loans, including agency loans.

Data as of December 31, 2025.

*Other includes healthcare, education, parking and ground leases.

1Q26 Deals Highlight

Asia Pacific
Europe
U.S.

The deal information and images featured above are for illustrative purposes only. These represent transactions made between January 1, 2026 and March 31, 2026. They were chosen as selected examples of PGIM’s real estate business transaction activity during this period across a range of geographies and a range of equity and debt strategies. There can be no assurance that PGIM’s real estate business will be able to acquire similar properties in the future, or that future acquisitions will be profitable or on similar terms. A complete list of the strategies which include these investments are available upon request. Investors cannot participate in direct ownership of the properties listed.