PGIM Real Estate and Pithos Capital launch French self-storage venture
Deal News | Dec 12, 2024 | PGIM Inc
PGIM Real Estate, as part of its European value-add strategy, has collaborated with Pithos Capital to launch a new self-storage venture in France. This strategic investment reflects PGIM's commitment to expanding its asset management portfolio in the European market. The alliance with Pithos Capital aims to capitalize on the growing demand for self-storage solutions in France. The partnership is expected to enhance PGIM's presence and capacity to exploit potential opportunities within the sector.
Sectors
- Real Estate
- Investment Management
Geography
- France – The geographical focus of the article is France, where the new self-storage venture is being established by PGIM Real Estate and Pithos Capital.
Industry
- Real Estate – The article focuses on PGIM Real Estate's investment strategy and expansion into the self-storage market in France.
- Investment Management – PGIM Real Estate, an investment arm, is executing its European value-add strategy through this new venture.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| PGIM Real Estate | Investor | Company | An investment firm focusing on real estate, part of PGIM Inc., launching a self-storage venture in France. |
| Pithos Capital | Partner | Company | A financial entity collaborating with PGIM Real Estate for the self-storage venture in France. |