PGIM Closes $2B Fund to Power Global Data Center Expansion Amid Growing Digital Demand
CREtech
Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin. PGIM Real Estate, the property investment arm of Prudential Financial, has successfully closed a $2 billion global data center fund, marking its largest closed-end fund to date. With $450 million already deployed, the firm plans to invest the remaining capital over the next 18 months to develop, lease, and sell high-demand digital infrastructure. The mov…
