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People - JANUARY 25, 2024

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PGIM Real Estate appoints new country head for Japan

by Andrea Zander

PGIM Real Estate has appointed David Fassbender as country head of Japan, in addition to his current role as senior portfolio manager of the firm’s Asia Pacific value-add strategies. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.22 trillion global investment management business of Prudential Financial.

Fassbender will oversee PGIM Real Estate’s business strategy and operations in Japan, leading a team of more than 30 professionals based in Tokyo. He will continue to manage the Asia Pacific value-add strategies, which have a total transaction volume of $3.8 billion in the Japanese markets to date. Fassbender replaces Morgan Laughlin, who is transitioning into an advisory role for the real estate business in Japan and will be fully dedicated to his role as global head of data center investments.

Laughlin will focus on continuously growing the PGIM Real Estate global data center business and leading portfolio development and ma

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