PGIM Real Estate is strengthening its existing presence in the Dutch market with the appointment of Amsterdam-based DHS Real Estate Investment Management (REIM) as its operating partner.
In a joint statement, DHS REIM said it has entered a strategic partnership with PGIM Real Estate to acquire and manage assets.
René de Heus, managing director of DHS REIM, said: “We are very pleased being selected as the operating partner for PGIM Real Estate which will help building our real estate platform further.
“Covering the core, core-plus and value-add strategies will contribute in increasing our exposure in the office, logistics and residential markets. DHS REIM will be focussing on sourcing the best product fitting to the various investment strategies”.
Dominik Brambring, head of transactions for Germany and the Netherlands at PGIM Real Estate, said: “We are delighted to partner with DHS REIM as we look to increase PGIM Real Estate’s European footprint.
“We consider the Netherlands one of the major European markets with exciting investment opportunities. We especially think that the Amsterdam market is one of the most interesting in Europe today. This strategic partnership strengthens the existing activity of the team and demonstrates our commitment to the region.”
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