MEXICO CITY -(Dow Jones)- The real estate investment subsidiary of Prudential Financial Inc. (PRU) plans to raise about 6.5 billion pesos ($501 million) to invest in Mexico’s industrial property market through the listing of an infrastructure trust on the local stock exchange.

Source:Prudential To Raise MXN6.5 Billion For Mexico Real Estate Fund (Nasdaq)

If you enjoyed this post be sure to subscribe to the PGS Real Estate RSS feed.

Related Topics

• Citigroup Said to Have Short List of Bidders for Property Unit
• DLF To Exit Mutual Fund JV With Prudential Financial – Source
• Prepare to Avoid Buying Panic
• British Land Swings To Profit As Valuations Rise
• Swatch Group Profit Drops As Watch Sales Fall
• Fed’s Bullard: Fed Could Keep Interest Rates Low Until 2012
• No Bidders For Montana Coal-Mining Lease Sale
• AutoZone Gets Upgraded To Buy At Citigroup
• Real Estate Policy Manual
• Good Real Estate Web Sites

Comments