Pramerica closes S$3b Asian retail fund

By A staff reporter 2011-10-11T00:00:00

Pramerica Real Estate Investors has closed Pramerica AsiaRetail Limited, a S$3 bn (EUR 1.7 bn) private open-end property fund that invests in shopping centres on behalf of institutional investors, the company announced on Tuesday. Pramerica is the real estate investment management and advisory business of Prudential Financial, which is headquartered ...

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