PGIM Real Estate has appointed Richard Price as a managing director and senior portfolio manager, international equity. He will work in partnership with the portfolio management teams of PGIM Real Estate’s European, Latin American and Asia- Pacific strategies, focusing on the coordination of investment themes and opportunities on behalf of global investors.
Price will report to co-CEO Raimondo Amabile, who comments: “The real estate markets in Europe, Asia-Pacific and Latin America repriced rapidly at the end of the last market cycle, and we are seeing renewed interest in our strategies across these regions as the recovery gathers momentum. We believe Richard’s multifaceted background will complement the strengths of PGIM Real Estate’s European, Asia-Pacific and Latin American portfolio management teams, and we are pleased to have someone of his caliber join our company.”
Price has more than 25 years of experience in the real estate industry. Most recently, he served as the co-head of BGO’s prop-tech innovation and investment team and was the chief operating officer of BGO’s global capital raising and investor relations group.
Prior to BGO, he was a senior adviser to the Accord Group, and before that, served for a decade in Hong Kong as the CEO of CBRE Global Investors, Asia-Pacific. Price has also held management positions at ING Clarion in New York and ING Real Estate Investment Management in Europe, and started his career at Brooke Hillier Parker in Hong Kong and Beijing.
