Executive Summary:

PGIM Co‑Head and Global COO of Real Estate Cathy Marcus discusses the opportunity in real estate for investors focused on resilient income‑producing assets that can withstand market volatility and deliver income growth as a hedge against inflation. Cathy spoke about PGIM’s high conviction in needs-based property sectors linked to essential non-discretionary demand, including living, data centers, and necessity-based retail, as well as tactical investment opportunities driven by the recent repricing in real estate.