PGIM has made two new appointments to its real estate business.
Sam Mellor joins as head of real estate debt, Australia, effective immediately. With more than 27 years of experience in the debt markets and portfolio management across Europe and Asia Pacific, Mellor will oversee PGIM’s Australian real estate debt strategies and portfolio management team.
Stuart Carr will join PGIM as head of real estate equity, Australia, in December 2025. Carr brings more than two decades’ experience in Australian real estate development and transactions. He will oversee the equity transaction team and lead origination, investment execution and divestment activities across Australia.
Mellor was formerly head of Europe and Asia Pacific real estate credit for Barings Asset Management, where he expanded its European credit platform and established its real estate credit business in Asia Pacific. Prior to this, he held senior roles in banking and investment management across the
