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PREI raises $810mln for European fund

Posted on 12 May 2011

The London based debt team of Prudential Real Estate Investors, a division of Newark, NJ-based Prudential Financial Inc., has completed an $810 million fund to provide financing for commercial property transactions. The investment in the closed-end Pramerica Real Estate Capital One fund will primarily focus on assets in the United Kingdom and Germany.
The investment has come from global institutions, including pension funds and sovereign wealth funds from North America, Europe, the UK and the Middle East……………………………………….Full Article: Source

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