PREI offers a broad range of vehicles that invest in private and public market opportunities in the US and selectively in Canada. Offerings are available through open-end and closed-end commingled funds and individually managed separate accounts. Our products are designed to address specific client needs, utilizing diversified core, and value-added real estate equity strategies. Specialized strategies are also available, including investments in senior/assisted living facilities. Prudential supports PREI's activities by co-investing its own capital with that of our clients. PREI pursues a range of real estate investment strategies in North America:			The firm offers Opportunistic strategies, Global High Yield Debt and Global Real Estate Securities strategies worldwide.

Core: A diversified core strategy investing in income producing, well-occupied and well-located commercial properties. Utilizes low financial leverage and takes little development risk. Core-Plus: A core-plus strategy investing in institutional quality commercial real estate typically acquiring properties with below-market occupancy or risk-mitigated new developments. Utilizes modest financial leverage. Value-Added: A value-added strategy with majority of investments in existing, high quality assets, although a significant portion of the investments have exposures to leasing and/or development risk. Fund returns may be enhanced by a higher level of leverage and more rapid turnover of assets.     Uptown Lofts at Altamont Springs Altamont Springs, FL       Opportunistic: Strategies focusing on direct real estate investments as well as real estate operating company investments. Senior Housing: Strategies managed by PREI's Senior Housing team focusing on independent and assisted living facilities. North America and Mexico: Strategies structured exclusively for German investors by Pramerica Real Estate International AG. Seeks exposure to higher returning commercial real estate opportunities in North America and Mexico.     Epoch Portfolio Properties in AZ, CO, GA, KS, MN, TX       Global Real Estate Securities: Discretionary single client accounts and sub-advisory arrangements, Managed by PREI’s Global Real Estate Securities Group. Institutional Mandates: On a select basis, PREI will consider single client accounts with direct investment strategies if they do not conflict with existing mandates.     San Antonio Hilton Hill Country San Antonio, TX       Retirement Strategy: A strategy investing in multiple PREI managed strategies, both public and private, designed to achieve daily liquidity for the 401(k) market. Market Window Strategies: From time to time, PREI will construct a strategy around a specific window of opportunity in the market that cannot be exploited by existing mandates. Co-Investment Strategies: From time to time, PREI will construct a strategy around a compelling co-investment opportunity that cannot be fully taken up by existing mandates. Islamic Structures: PREI is experienced in structuring investment vehicles that meet the requirements of investors seeking to comply with the principles of Islamic law. Annuities: Open-end registered fund of funds.     40 & 60 Danbury Road, Wilton, CT