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Prudential Real Estate Investors is the real estate investment management business of Prudential Financial. PREI, comprised of fund management centers in the US in Parsippany, New Jersey and Atlanta, Georgia; and globally in Munich, London, Singapore and Mexico City; is supported by a network of local offices throughout the world. PREI’s specialized operating units offer a broad range of investment opportunities and investment management services in the United States, Europe, Asia and Latin America. As of March 31, 2009, PREI managed $42.1 billion of gross assets ($25.3 billion net) on behalf of more than 400 clients and is ranked among the largest real estate investment managers.**


*Total includes an equity component that is managed by PREI.
**Source: Pension & Investments Magazine, September 2008




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Prudential Investment Management is a business of Prudential Financial.

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Market Perspectives
The reports listed below offer observations and commentary on trends in the real estate property and capital markets.
US Quarterly April 2009
European Quarterly April 2009
Latin American Quarterly April 2009
Asian Quarterly April 2009
Global Real Estate Securities January 2009

Research Perspectives

Deleveraging Commercial Real Estate in Europe
(May 2009)

Commercial real estate owners in Europe are facing a quandary stemming from falling property prices and the increasingly conservative behavior of banks. Loans written with high loan-to-value ratios during the bull market are likely to breach loan covenants, which will empower banks to require that property owners provide additional equity to repair the breach. What's more, many property owners will not be able to refinance maturing loans with the same level of proceeds. Both situations are likely to create opportunities for investors to fill the shortfalls.

click here to see report