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Bloomberg Markets

PGIM Backs $4 Billion of US Land-Bank Deals in Asset-Based Push

PGIM Backs $4 Billion of US Land-Bank Deals in Asset-Based Push
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Prudential Financial Inc.’s asset-management arm has financed about $4 billion of land-banking projects through a partnership with Domain Real Estate Partners, part of a push to gain exposure to the US homebuilding industry.

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