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Access here alternative investment news about Pgim Real Estate Acquires Stake In York&george; Project In Sydney | News | Ipe Ra
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Pgim Real Estate Acquires Stake In York&george; Project In Sydney | News | Ipe Ra

by realassets.ipe.com posted 9months ago 18 views
PGIM bought a 75% interest in the retail and commercial component of the project in Sydney. : PGIM Real Estate has acquired a 75% interest in the retail and commercial component of the York&George mixed-use project, in Sydney’s central business district. The US investment manager declined to disclose the price, but industry sources said the asset is worth around AUD200m (€125.3m). The transaction lifts PGIM Real Estate’s equity exposure to Australian real estate to around AUD650m alongside various debt exposures.

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