PGIM Real Estate | Intern, Asset Management

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world. We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers!

If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today. At PGIM, You Can!

About PGIM Real Estate

As one of the largest real estate managers in the world, PGIM Real Estate strives to deliver exceptional outcomes for investors and borrowers through a range of real estate equity and debt solutions across the risk-return spectrum. We engage in practices that ignite positive environmental and social impact, while pursuing activities that strengthen communities around the world. As a member of our team, your ideas and collaboration will spark meaningful impact for our investors, borrowers, and your colleagues. We will welcome your insight and will focus on growing your skills within our world-class organization.

Our Role:

The candidate will be given an opportunity to work in Asset Management team, which manages assets in the Asia Pacific. Through the course of internship, the candidate will be given an introduction to commercial real estate investment and management concepts and processes.

Responsibilities:

• Support asset managers on day to day work. This may cover the following areas:

  • Due diligence required as part of acquisition work with transactions

  • Review periodic property reports and track operating performance. Prepare regular updates summarizing results and respond to information requests.

  • Review quarterly appraisals for factual accuracy and consistency with other similar properties.

  • Budget process and preparation of the annual strategic plan for each property

  • Support development and delivery of Asset Enhancement Initiatives

  • Support oversight of property management standards

• Provide support on ESG initiatives for the assets in the region e.g. submission of ESG related reporting, benchmarking, GRESB, certifications etc.

• Address any other ad-hoc duties required by the Asset Management team

Required Skills and Qualifications:

• Proficient in Excel and Powerpoint

• Comfortable with handing large amounts of data

• Good understanding of fundamental finance and accounting principles

• Real Estate knowledge is advantageous but not a must

• Fast-learner; Strong attention to details; Disciplined work ethic

About PGIM

PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with US $1.4 trillion in assets under management. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, Real Estate, and alternatives.

With a history dating back 150 years, and experience through more than 30 market cycles, PGIM takes a long-term view, not only in our investment philosophy, but also in how we develop our talent. We want to see our employees excel from their first day with the firm and throughout their tenure with PGIM. We will inspire you, support you, and help you reach your greatest personal and professional aspirations. If PGIM sounds like the place for you, join us. For more information about PGIM, visit PGIM.com.

Our Commitment to Diversity, Equity, and Inclusion

Prudential Financial, Inc. is focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.

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For more than 140 years, Prudential Financial Inc. has helped individual and institutional customers grow and protect their wealth. Today, we are one of the world's largest financial services institutions with operations in the United States, Asia and Latin America. We also have one of the most recognized and trusted brand symbols: The Rock ®, an icon of strength, stability, expertise, and innovation. For more information, visit www.prudential.com.