Nuveen and PGIM line up Asia real estate funds
The two US firms are to launch open-ended core real estate products to tap rising demand among global investors for Asian property. BlackRock may also consider such a move.
US asset managers Nuveen and PGIM are developing open-ended funds focused on Asian real estate to tap rising global investor demand for core property in the region, with the former firm poised to launch its strategy any day now.
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