PGIM Turns More Selective on Japan Real Estate as Rates Climb

PGIM Real Estate, part of the asset management arm of Prudential Financial Inc., is taking a more selective approach to acquisitions in Japan as rising interest rates drive up deal...

By Alice French · Bloomberg

PGIM Real Estate, part of the asset management arm of Prudential Financial Inc., is taking a more selective approach to acquisitions in Japan as rising interest rates drive up deal costs in the country.