PGIM Real Estate adds ESG lead for Europe and Asia Pacific

The firm hopes to strengthen its commitment to ESG investing

Julie Townsend, PGIM Real Estate

PGIM Real Estate, a global real estate investment company, announced the appointment of Julie Townsend as ESG lead for Europe and Asia Pacific.

Townsend is based in London and takes up the roles immediately, reporting to Christina Hill, global head of ESG and head of Americas asset management.

“We are fortunate to have been able to attract a skilled and experienced ESG leader such as [Townsend], who will be a pivotal member of our growing team as we continue to accelerate our sustainability efforts in the years ahead,” said Hill.

Townsend will work closely with PGIM Real Estate’s local investment teams to implement and manage corporate and asset level ESG strategy as well as leading ESG reporting and assessments, according to PGIM Real Estate.

“I am extremely pleased to join a group of such scale and experience and am looking forward to helping make a difference as we continue to build upon the already strong ESG foundations,” said Townsend.

Prior joining the firm, Townsend spent fifteen years at CBRE, where she was the head of environmental consultancy.

PGIM Real Estate is the real estate investment and financing business arm of PGIM, the US$1.5 trillion global investment management business of Prudential Financial.

The company signed the UN Principles for Responsible Investment in 2009 and joined the Global ESG Benchmark for Real Assets in 2013. PGIM Real Estate also committed to achieve net zero in its global portfolio of managed properties by 2050.EmailFacebookTwitterLinkedInPrint