PGIM Real Estate Sees Record $42.7 Billion Transactions in 2021 

PGIM Real Estate, the commercial real estate arm of financial services giant Prudential,  completed a record $42.7 billion in transactions globally in 2021, up 43% from the prior year — including $35 billion in transactions in the U.S. alone, up 38% from the previous year. 

In Asia-Pacific, the firm completed $3.0 billion in 68 transactions and in Europe $4.7 billion in 76 transactions — across both debt and equity transactions.

“The growth in PGIM Real Estate’s portfolio has been largely led by our success investing in high conviction themes driven by four key growth pillars: digital transformation, generational change in living habits increasing demand for affordable housing, the aging population, and ESG credentials,” said Cathy Marcus, global chief operating officer and head of U.S. equity for PGIM Real Estate. 

“One advantage of being a large real estate investor with a broad platform is that we can explore new ideas and trends in funds with different risk profiles and deploy capital with flexibility.”