The company has also appointed Michael Grace senior securities analyst for retail, industrial and diversified REITS. Prior to this post, he was a senior analyst with the Penobscot Group, a REIT research firm in Boston, worked for the Federal Home Loan Bank in Boston as a financial economist, and as a banking analyst for Depositors Insurance Fund of Massachusetts.

Prudential Real Estate manages approximately $300 billion for 325 institutional clients worldwide.

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