PGIM Real Estate appoints global CIO

PGIM Real Estate has appointed Raimondo Amabile as global chief investment officer, expanding on his existing role as head of Europe and Latin America.

PGIM Real Estate is the real estate investment business of PGIM, the $1.5 trillion global investment management businesses of Prudential Financial, Inc.

In addition to his leadership of Europe and Latin America, as global CIO, Amabile will be responsible for overseeing PGIM Real Estate’s macro investment strategy globally, focusing on broad thematic trends that will connect directly to the regional investment strategies. A key area of focus will be connecting PGIM Real Estate’s data, proprietary market insights and research, with new technological innovations — such as artificial intelligence and predictive technologies — to help drive allocation and investment decisions.