Part of the Prudential Financial group, PGIM is one of the largest real estate investment managers in the world with more than USD173.5 bn in gross real estate assets under management and administration at 30 June 2019. Through its PGIM Real Estate and PGIM Real Estate Finance businesses, PGIM leverages a 140-year history of real estate lending on behalf of institutional and middle-market borrowers2, a 49-year legacy of investing in commercial real estate on behalf of institutional investors, and the local knowledge of professionals in 31 cities around the world.