PGIM Real Estate is the real estate investment business of PGIM, Inc., the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU). Rede ning the real estate investing landscape since 1970, PGIM Real Estate has professionals in 18 cities in the Americas, Europe and Asia Pacific with deep local knowledge and expertise, and gross assets under management of $65.9 billion ($47.7 billion net) as of March 31, 2017. PGIM Real Estate’s tenured team offers to its global client base a broad range of real estate equity, debt, and securities investment strategies that span the risk/return spectrum.
Since 2002, PGIM Real Estate has been investing in Latin America, where we currently manage funds specializing in industrial, residential and retail properties in Mexico, and we have transactions capabilities in Brazil and Chile.
In 2013, PGIM Real Estate consolidated its Mexican industrial funds to launch Terrafina, a leading Mexican industrial real estate investment trust, dedicated to the acquisition, development, lease and management of industrial real estate properties in Mexico. Terrafina’s portfolio consists of attractive, strategically located light manufacturing properties and other warehouses throughout the Central, Bajio and Northern regions of Mexico. It is internally managed by highly qualified industry specialists, and externally advised by PGIM Real Estate.
Terrafina’s objective is to provide attractive risk- adjusted returns for the holders of its certificates through stable distributions and capital appreciation. It aims to achieve this through a successful performance of its industrial real estate and land reserves, strategic acquisitions, access to a high level of institutional support, and to its management and corporate governance structure. As of March 31st 2017, Terrafina has more than doubled its industrial properties stabilized portfolio and distributed more than US$270 million to its investors by successfully accomplishing its investment strategy (which includes a follow-on equity o ering for US$460 million in reliance on Rule 144A and Regulation S, and the issuance of a 7-year senior unsecured note placement in the international markets for US$425 million).
PGIM Real Estate
Paseo de la Reforma # 412 – 18th oor Col. Juarez
06600 Mexico City
Tel: +52 55 5093 2770
Fax: +52 55 5093 2828
B2B PLANNER 2017
Armour’s subsidiary, ILS Investment Management, acts as sole and exclusive advisor to Credit Suisse for the ILS P&C Fund Limited, an investment vehicle with focus on purchasing insurers. London based and headquartered in Bermuda, with locations in the UK, USA, Italy, Cayman Islands, Switzerland and Mexico. Armour’s Senior Management has wide experience in the insurance industry Armour’s senior team has more than 100 years of management responsibility in management of insurance companies as well as structured and reinsurance deals.
Armour prides itself on having an excellent reputation, both through the transactional process and in the ongoing management of assumed portfolios and managing insurance operations Insurance reserves managed by Armour will be in excess of $3 billion after closure of most recent acquisitions Armour also enjoys close cooperation with clients, regulators and other stakeholders to protect value and mitigate reputational risk.
Title Insurance Through its subsidiary Secure Legal Title, headquartered in London, and affiliate Titolo Sicuro in Italy, Armour has wide experience in the title insurance market. Via its experienced team, business has been conducted extensively throughout Europe, the UK, Mexico and the US. Secure legal Title acts with its Lloyd‘s broker on behalf of Lloyd‘s syndicates in the underwriting and management of the title insurance portfolio. The company was created in 2011 by its senior executives, and Armour acquired a majority investment in 2012. Titolo Sicuro operates as an exclusive licensed insurance intermediary in Italy for a specialised form of title insurance, developed by Secure Legal Title, known as donations insurance.The management of Secure Legal Title will assist FNT in its development.
In 2013, Lloyd’s reported USD $41 billion of Gross Premiums Written, with a pro t of USD $5 billion. Lloyd’s combined ratio of 86.8% outperformed that of its peer insurers. The fact that Lloyds is a stable, well capitalized insurer, with excellent oversight is recognized in its Financial Strength Ratings:
Financial Strength Ratings describe the financial security characteristics of the rated entity and its ability to meet financial commitments.
The ratings stated below are independent opinions of Lloyd’s financial strength and ability to meet its ongoing insurance policy and contract obligations. Lloyd’s currently enjoys an A rating from A.M. Best, A+ from Standard & Poor’s and AA- from Fitch.
Juan Pablo Arroyuelo President & CEO
Sales and New Business Director
General Counsel & and Escrow Director
Bosque de Radiatas 50 piso 4 Bosques de las Lomas 05120 Cuajimalpa Ciudad de México. Tel. (55) 9177 – 0860
Fax. (55) 5257 – 1268
B2B PLANNER 2017
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