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Institutional real estate investors sell shares in PGIM Real Estate AsiaRetail Fund Limited

April 2019

Client(s) Various institutional real estate investor clients

Jones Day advised various institutional real estate investors in relation to their aggregate US$215 million sale of shares in PGIM Real Estate AsiaRetail Fund Limited, a real estate fund with retail mall assets in Singapore and Malaysia, to a subsidiary of listed Singapore REIT, Frasers Centerpoint Trust.

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