The real estate unit of Prudential’s asset management arm expands its sustainability efforts with the appointment of a ESG lead for Europe and Asia Pacific.
PGIM Real Estate named Julie Townsend as ESG lead for Europe and APAC, according to a statement, reporting to global head of ESG and head of Americas asset management Christina Hill.
Based in London, Townsend will oversee the region’s ESG strategy and implementation across the two regions based on the firm’s sustainability goals, including a commitment made last year to reduce the operational carbon emissions of its global portfolio of managed properties to net-zero by 2050.
Townsend joins PGIM Real Estate from CBRE where she spent 15 years, most recently as its head of environmental consultancy.
PGIM Real Estate has $201 billion in gross assets under management and administration, as of September 30 last year, housing 1,100 professionals across 32 cities worldwide.
