PGIM Real Estate has appointed David Fassbender as deputy head of Asia Pacific, effective immediately.
Fassbender, currently head of Japan, has been with PGIM Real Estate for more than two decades. In this newly created role, he will oversee portfolio management strategies across Asia Pacific, help drive the firm’s growth in the region and continue to lead its largest Asia Pacific business in Japan. Fassbender was instrumental in establishing PGIM Real Estate’s flagship Asia Pacific value-added (AVP) fund series, and he will retain his current role as senior portfolio manager for the AVP strategies, which have completed close to $21 billion in total transactions since its inception.
