PGIM Real Estate acquires Berlin office property from PIMCO for conversion into residential space
The acquisition also marks the first completed transaction for Omniliv.
The acquisition also marks the first completed transaction for Omniliv.
This affordable housing portfolio comprises 2,021 units across 34 properties, totaling 2.1 million square feet, located in the northern Bronx.
The strategic move reinforces PGIM’s long-term partnership with National Pension Service (NPS) in South Korea, the world’s third-largest pension fund.
Rory Morrison will have strategic and operational oversight of PGIM Real Estate’s European Core, European Core Plus and UK Affordable Housing strategies.