Key Takeaways
- • PGIM has promoted Ryuji Katayama to head of Japan real estate as it seeks to expand its business in the region.
- • Katayama was previously deputy head of Japan real estate and played a key role in scaling PGIM's Asia Pacific real estate investment platform, including its flagship Asia Pacific value-add (AVP) strategies.
- • Katayama will remain portfolio manager for the AVP and Japan-focused investment strategies, based in Tokyo, and report to David Fassbender, head of Asia Pacific real estate.
- • PGIM's real estate investment group manages $219 billion in gross real estate assets under management and administration globally.
Summary
PGIM has promoted Ryuji Katayama to head of Japan real estate, a move the firm says is intended to expand the growth of its business in the region. Katayama was most recently deputy head of Japan for real estate at PGIM, where the firm says he was instrumental in scaling its Asia Pacific real estate investment platform, including the expansion of its flagship Asia Pacific value-add (AVP) strategies.
Katayama will continue in his role as portfolio manager for the AVP and Japan-focused investment strategies. He will be based in Tokyo and report to David Fassbender, PGIM's head of Asia Pacific real estate.
Fassbender described Japan as "one of our highest-conviction markets globally and a key pillar of our long-term growth strategy in Asia Pacific," and praised Katayama as an accomplished investor and leader. He said Katayama's market expertise, investment acumen and long-standing relationships would help investors navigate the next market cycle and advance PGIM's business in the market.
Katayama joined PGIM in 2012, where he previously served as head of transactions, Japan, for the firm's real estate investment group. Before joining PGIM, he worked at ORIX in Tokyo, focusing on direct real estate equity investments and non-performing loan transactions. PGIM's real estate investment group runs $219 billion in gross real estate assets under management and administration globally.
Katayama will continue in his role as portfolio manager for the AVP and Japan-focused investment strategies. He will be based in Tokyo and report to David Fassbender, PGIM's head of Asia Pacific real estate.
Fassbender described Japan as "one of our highest-conviction markets globally and a key pillar of our long-term growth strategy in Asia Pacific," and praised Katayama as an accomplished investor and leader. He said Katayama's market expertise, investment acumen and long-standing relationships would help investors navigate the next market cycle and advance PGIM's business in the market.
Katayama joined PGIM in 2012, where he previously served as head of transactions, Japan, for the firm's real estate investment group. Before joining PGIM, he worked at ORIX in Tokyo, focusing on direct real estate equity investments and non-performing loan transactions. PGIM's real estate investment group runs $219 billion in gross real estate assets under management and administration globally.
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