Pricoa Mortgage Capital, which operates as PGIM Real Estate Finance in the UK and Europe, has globally rebranded as PGIM Real Estate Finance.
It has operated as PGIM Real Estate Finance in the UK and Europe since its parent company, Prudential Investment Management, became PGIM in January 2016.
PGIM’s real estate arm, which operated as Prudential Real Estate Investors in the US, Japan and Korea and as Pramerica Real Estate Investors in Europe, became PGIM Real Estate last May.
David Durning, chief executive of PGIM Real Estate Finance, said: “Having a single name better reflects how we provide financing around the world form a range of capital sources, and offer investors access to high quality opportunities.
“In 2016, our clients increasingly looked to us for advice, relying on our ability to finance projects through a variety of loan products that enhance investors’ opportunities as they seek yield, while navigating globally uncertain markets.”
