PRIVATE REAL ESTATE NEARS TURNING POINT
After a dramatic reset in values, global real estate investors can capitalize on attractive tactical opportunities and structural themes driving the new cycle.
PGIM Private Real Estate Fund
Private market access in an investor-friendly structure.
Privately sourced opportunities comprise the bulk of the real estate market, yet private real estate investing has long been an exclusive realm dominated by institutions. But that is changing thanks to new investor-friendly structures that increase access for individual investors.
REASONS TO CONSIDER THE PGIM PRIVATE REAL ESTATE FUND
The PGIM Private Real Estate Fund seeks to provide investors with private market access in an investor-friendly tender offer structure. It is managed by PGIM Real Estate, a global real estate leader with $206 billion in AUM/AUA.1
EXPERIENCED INVESTMENT TEAM
DARIN BRIGHT
Managing Director of PGIM Real Estate
is a managing director at PGIM Real Estate and head of the U.S. core plus investment platform
CAITLIN O’CONNOR
Managing Director of PGIM Real Estate
is a managing director at PGIM Real Estate and a member of the U.S. core plus investment platform.
BRANDON SHORT
Executive Director of PGIM Real Estate
is an executive director at PGIM Real Estate and a member of the U.S. core plus investment platform.
Insights
Inflection Point Creates Private Real Estate Opportunities
PGIM Real Estate sees a compelling entry point for private real estate as interest rates normalize.
2024 Global Outlook: Changing the Narrative
In its 2024 global outlook, PGIM Real Estate sees a brightening outlook and a compelling entry point for global real estate across the risk spectrum.
For financial professional use only. Not for use with the public.
Unless otherwise stated, data as of June 30, 2024. Past performance is not a guarantee or reliable indicator of future results. Diversification does not assure a profit or protect against loss in declining market. Source: PGIM Real Estate.
1 Gross AUM/AUA; net AUM is $132B and AUA is $47B.
2 PGIM Real Estate is the third largest real estate investment manager (out of 76 firms surveyed) in terms of global real estate assets under management based on Pensions & Investments “The Largest Real Estate Investment Managers” list published October 2023. This ranking represents global real estate assets under management by PGIM Real Estate as of 6/30/23. Participation in the ranking is voluntary and no compensation is required to participate in the ranking.
3 No investment strategy or risk management technique can guarantee returns or eliminate risk in any market environment.
4 Source: PGIM Investments. A few non-traded REITs offer daily NAV valuation while the majority of non-traded REITs provide a monthly NAV. This comparison was done to show some of the key attributes of the PGIM Private Real Estate Fund (the “Fund“) and non-traded REITs. It is not an all-inclusive comparison of the risks involved with investing in each product. To better understand the similarities and differences between investments, including investment objectives, risks, fees, and expenses, please read the prospectus of each product. Non-traded REITs are not listed on public exchanges and can provide retail investors access to real estate investments with potential tax benefits. The Fund is a tender offer fund with direct investments in real estate that is structured as continuously offered, closed-end registered investment companies that conduct periodic tender offers for a limited number of their outstanding common shares.
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