25 May 2021

PGIM Real Estate acquires second UK residential asset

PGIM Real Estate has made a second acquisition in the UK residential sector for an undisclosed sum.

The asset manager will forward fund a multifamily development of 135 private homes for rent located in Brighton in conjunction with Osborne Developments, due for completion by 2023. The property will have environmental, social and governance credentials, including photovoltaic panels for green energy supply.

Channels: 
Deals
Companies: 
PGIM Real Estate