PGIM Real Estate is adding another Singapore property to its portfolio with the Prudential affiliate teaming up with a recently established investment manager in a deal to purchase an industrial facility near Tuas port from Far East Organization, according to… Read More>>
Robert Kuok’s Allgreen in Due Diligence to Buy 78 Shenton Way in Singapore From PGIM
A string of major property purchases in Singapore looks set to continue with Robert Kuok’s Allgreen Properties in exclusive due diligence to buy an office building in the city-state’s central business district from PGIM Real Estate, according to sources familiar… Read More>>
Asia Real Estate People in the News 2025-10-20
China’s long-running anti-corruption campaign leads today’s look at personnel moves from around Asia’s real estate industry with the former head of top investor China Life having been booted from the Communist Party for alleged crimes and rule violations. Also making… Read More>>
PGIM JV Buying Melbourne Mall From QIC for $286M as Aussie Bets Continue
PGIM Real Estate has partnered with Australia’s Assembly Funds Management to acquire a Melbourne mall from Queensland Investment Corporation for A$440 million ($286 million), the latest in a series of Down Under buys for the US property player.
Woodgrove Shopping… Read More>>
PGIM Nears Sell-Out of Tanjong Pagar Office Project in Singapore
PGIM Real Estate has sold three more floors in a downtown Singapore office project to near a sell-out of the property near Tanjong Pagar.
The US investment manager sold the 14,252 square feet (1,324 square metres) of space for a… Read More>>
PGIM Teams With Australia’s Cadence to Buy Sydney Freight Hub for $94M
PGIM Real Estate has partnered with Australia’s Cadence Property Group to acquire a logistics and infrastructure asset in western Sydney from rail freight operator Pacific National for A$145 million ($93.5 million), as the division of insurance giant Prudential Financial ups… Read More>>
ESR Selling Down Stake in Australia’s Cromwell and More Asia Real Estate Headlines
Hong Kong-listed ESR moves to pare its long-held stake in Australia’s Cromwell Property Group, with that stock sale leading today’s headline roundup. Also in the news, Lendlease courts Mitsubishi Estate for a Sydney redevelopment venture and a Singapore-backed operator of… Read More>>
PGIM to Invest $2B in APAC Property This Year and More Asia Real Estate Headlines
Asset manager PGIM reaffirms its commitment to Asia Pacific real estate despite trade turmoil, with that story leading today’s headline roundup. Also in the news, Singapore-listed Keppel DC REIT reports rising revenue and Hong Kong’s Link completes its solar power… Read More>>
David Fassbender Promoted to Deputy Head of APAC at PGIM Real Estate
Just over a year after being named head of Japan, David Fassbender has taken another step up at PGIM Real Estate, with the company promoting him to deputy head of Asia Pacific with effect from Tuesday.
In a statement, the… Read More>>
PGIM Real Estate Hits $2B Final Close of Maiden Global Data Centre Fund
PGIM Real Estate has reached the final closing of its first global data centre fund, having secured $2 billion in committed capital.
GDCF is pursuing a build-fill-sell strategy focused on the low-latency hyperscale segment and targeting opportunistic investment returns, the… Read More>>
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