1The sample investment activity represents properties held by PGIM Real Estate. The information and images are for illustrative purposes only, and are representative of investments made in the specified sectors at the dates specified. The investments were selected to provide an overview of the types of transactions that PGIM Real Estate executes across the risk-return spectrum, and are not intended to constitute investment advice. There are other portfolio holdings with these and other transaction types. There can be no assurance that PGIM Real Estate will be able to make similar investments in the future or that future investments will be profitable or available on similar terms.