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PGIM Real Estate Makes First Acquisition for UK Affordable Housing Fund

Buys Eight Sites to Provide 433 Homes
Getty Images
Getty Images

PGIM Real Estate has made the first acquisition for its recently launched UK Affordable Housing Fund with the purchase of a portfolio of eight single-family for-rent residential housing sites acquired from build-to-rent provider Wise Living. PGIM Real Estate is the real estate investment business of PGIM, the US$1.5 trillion global investment management businesses of Prudential Financial.

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