BUSINESSMay 26 · 12:30 UTCBLOOMBERGScott Carpenter

PGIM Backs $4 Billion of US Land-Bank Deals in Asset-Based Push

PGIM has committed $4 billion to US land-bank deals as part of an asset-based investment strategy. The focus is on developing new build lots across the United States to expand its real estate portfolio.

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PGIMorganizationUSplaceLand-Bank DealstopicAsset-Based PushtopicNew Build Lotplace

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