PGIM Real Estate

“A lasting $10-a-barrel increase in the price of oil could add as much as a tenth of a percentage point to the so-called core inflation measure that the Fed focuses on.”

“CRE investment volume increased by 8% QoQ to $90B in Q1, with multifamily capturing a 40% share.”

“Retail cap rates compressed to 6.1% in Q1, with grocery-anchored assets trading at 9.5x NOI multiples.”

“This is another example of L&G consolidating its position as a global asset manager and delivering on our strategy to build, partner or buy as we drive international growth.”