Fall 2026

Pgim Real Estate Investment & Asset Management Intern

All genders

Updated on 7/22/2026

PGIM

PGIM

Global asset manager offering varied investments

No salary listed

Milan, Metropolitan City of Milan, Italy

In Person

Based in Milan, Italy; must be eligible to work in Italy.

Category
Real Estate (1)
Required Skills
Market Research
Excel/Numbers/Sheets
Financial Modeling

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Requirements
  • Master’s degree / ongoing Master studies
  • Relevant work experience based on other internships or as working student
  • Proficient analytical, technical and writing skills including very good knowledge of standard MS Office applications (in particular strong Excel skills are advantageous)
  • Must have strong Italian & English fluency (written and verbal)
  • Very good knowledge of standard MS Office applications (in particular Excel)
  • Very high degree of analytical competence
  • Eager to learn and contribute and therefore being open minded to get staffed on various projects
  • Ability to function in a team-oriented setting as well as demonstrating your own strong initiative
  • Self-starter with the ability to multi-task on complex structures/deals with the ability to set priorities
Responsibilities
  • Support underwriting of acquisitions, including development and management of financial models, market research, detailed property assessment and preparation of investment memoranda for internal and external investment committees
  • Support due diligence process and deal execution
  • Support initial deal analysis and review of new investment strategies
  • Supporting all aspects of asset management duties for properties under management in Italy
  • Interaction within professional in various departments across Europe
  • Assistance at cross-functional and international projects with the focus on independent handling and quality assurance on large data sets
  • Supporting the transaction processes, both for acquiring and disposing assets (can include quality assurance of data rooms, supporting the team with internal and external approval processes)
  • Close interaction and collaboration with professionals in the various departments, such as Transaction, Portfolio Management and Corporate Finance
  • Support our ESG specialists to realize the goal setting on GRESB results for our Real Estate Investment Funds
Desired Qualifications
  • Demonstrate attention to detail and ability to function under tight time frames while delivering work accurately
  • Strong relationship building skills combined with solid verbal and written communication skills
  • Strong sense of self-motivation and ownership

PGIM is the global asset management arm of Prudential Financial, managing about $1.5 trillion in assets and serving retail and institutional clients across 41 offices in 20 countries. Its offerings span fixed income, equities, real estate, and alternative investments, delivered through a wide range of investment strategies and tailored solutions. How it works: PGIM combines deep research and risk management with a broad toolkit of public and private asset classes to build diversified portfolios that align with clients’ goals. What sets it apart: a 150-year legacy of stability, large-scale resources (1,400+ investment professionals), disciplined risk management, and a global footprint that enables coverage across markets and asset classes. What it aims for: help clients achieve long-term financial outcomes by delivering steady, diversified investment results through time-tested processes.

Company Size

N/A

Company Stage

N/A

Total Funding

N/A

Headquarters

Newark, New Jersey

Founded

1875

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Simplify Jobs

Simplify's Take

What believers are saying

  • PGIM plans $1 billion deployment into private credit secondaries over two years in U.S. and Europe.
  • PGIM secured its 10th real estate fund acquisition with a $73.5 million Bronx student housing leaseback.
  • PGIM appointed Brian Towers from Blackstone to build integrated insurance solutions globally.

What critics are saying

  • Private credit market turbulence with $7.4 billion BDC redemptions threatens PGIM's DC plan CIT liquidity in 6–12 months.
  • Projected default rate rises in 2026 could destabilize PGIM's $264 billion private credit book over 12–18 months.
  • Goldman Sachs and Invesco already launched private credit CITs, eroding PGIM's retirement channel market share in 6–12 months.

What makes PGIM unique

  • PGIM leverages a $1.5 trillion platform with $264 billion in private credit assets to deliver institutional solutions.
  • PGIM expanded real estate credit positioning by hiring David Blum for U.S. high-yield deals.
  • PGIM launched its first private credit CIT for DC plans, targeting retirement channel diversification.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

401(k) Retirement Plan

401(k) Company Match

Wellness Program

Professional Development Budget

Employee Stock Purchase Plan

Hybrid Work Options

Remote Work Options

Parental Leave

Mental Health Support

Education Benefit

Company News

Leader Telegram
Jul 15th, 2026
PureSky Energy secures $184M investment-grade refinancing for community solar portfolio

PureSky Energy has completed a $183.7 million investment-grade refinancing of its operating portfolio, marking one of the largest transactions in the community solar sector. The refinancing consolidates eight existing debt portfolios into a single structure, covering 211 MWDC of solar capacity and 58 MWh of energy storage across 43 operating assets in Massachusetts, New York, and Minnesota. The transaction received an investment-grade rating, reflecting the portfolio's strength and long-term cash flow stability. Marathon Capital served as exclusive financial adviser. Note purchasers include PGIM, funds managed by AB CarVal, and Denham Capital. The financing eliminates refinancing risk for the next decade whilst enabling continued growth investment. PureSky has also internalised all community solar customer management functions, enhancing operational control and customer experience.

Funds Global MENA
Apr 21st, 2026
PGIM partners with Saudi PIF to develop investment across global markets.

PGIM partners with Saudi PIF to develop investment across global markets. 21 April 2026 PGIM, the US-based investment manager overseeing $1.5 trillion in assets, has entered into a strategic partnership with Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), to jointly pursue opportunities across both public and private markets. The collaboration is formalised through a memorandum of understanding aimed at supporting the ongoing expansion and sophistication of Saudi Arabia's financial sector. Under the agreement, PGIM and PIF - whose assets exceed $1 trillion - will explore the creation of advanced quantitative and algorithm-driven investment strategies. The partnership will also focus on a broad mix of asset classes, including equities, fixed income, real estate and alternative investments. This move comes shortly after PIF agreed to act as a cornerstone investor in a new private credit fund launched by King Street Capital Management, which is focused on opportunities in Saudi Arabia and the wider Middle East and North Africa region.

NJBIZ
Apr 3rd, 2026
Maersk leases 233K square feet at Linden Logistics Center.

Maersk leases 233K square feet at Linden Logistics Center. Greek Real Estate Partners, Advance Realty in partnership with PGIM Real Estate add global logistics leader Maersk is moving into the Linden Logistics Center, underscoring persistent demand for updated and well-located space in the industrial sector. Bedminster-based Advance Realty Investors and Greek Real Estate Partners of East Brunswick, in partnership with Newark's PGIM Real Estate, announced the 233,492-square-foot lease April 1. The world leading logistics and container shipping company will establish a Maersk Ground Freight hub at 200 Linden Logistics Way in Linden to connect warehouse and inland delivery networks. Part of a significant expansion to Maersk's North American Ground freight network, the Union County location will enable reliable, high-volume Full Truckload and Less-than-Truckload distribution across major U.S. markets, the partners said. The plans also include a 6,000-square-foot build-to-suit main office, dedicated shipping office, and locker room. Greek Design | Build will handle the work, along with tenant improvements. A CBRE team led by Vice Chairmen Thomas Monahan and Larry Schiffenhaus represented ownership in the transaction. JLL Managing Director Jon Gorczyca and Senior Managing Director Gary Politi represented Maersk. "Linden Logistics Center has benefited as the market increasingly prioritizes newly constructed facilities that offer superior infrastructure, higher clear heights and modern logistics capabilities to support evolving supply chains," said Advance Realty Investors Principal and Chief Investment Office Alexander Cocoziello. 200 Linden sits within the 4.1 million-square-foot Class A Linden Logistics Center. The 515,600-square-foot facility features: * 40-foot clear heights * 42 loading docks * 39 trailer parking spaces According to the ownership team, the building includes modern infrastructure to support Maersk's high-volume, time-sensitive ground freight operations. Maersk said its worldwide warehouse capacity tops 8.8 million square feet across over 500 sites. The company boasts 54 terminals in 29 countries. Driving demand. The deal brings Linden Logistics Center to 91% leased, thanks to a location offering premium access that appeals to logistics and distribution operators. Situated near the Port of New York and New Jersey, Newark Liberty International Airport, New Jersey Turnpike, Routes 1 & 9 and Interstation 287, "Linden Logistics Center enables global logistics operators to efficiently move goods throughout the region," said GREP Director of Acquisitions Alex Motiuk. In its look back at the first quarter of 2026, Cushman & Wakefield said the data shows "surging demand" in the warehouse and distribution market. New Jersey recorded 8.6 million square feet of new leasing activity in the asset class, according to the report. The market also achieved 3.7 million square feet of positive net absorption. Cushman & Wakefield said that was driven by high tenant demand and several new deliveries.

The Construction Data
Mar 31st, 2026
Lincoln Property Company and PGIM complete acquisition of St. Joseph Medical Pavilion.

Lincoln Property Company and PGIM complete acquisition of St. Joseph Medical Pavilion. Lincoln Property Company, a globally recognized full-service real estate firm, has partnered with PGIM to acquire the St. Joseph Medical Pavilion, a premier outpatient medical facility located in Denver. This strategic acquisition highlights both firms' continued focus on expanding their healthcare real estate portfolios, particularly in high-growth urban markets supported by strong demographic and healthcare demand. The St. Joseph Medical Pavilion is a modern, five-story, Class A outpatient medical building encompassing approximately 99,503 square feet. Delivered in 2020, the facility is situated on the campus of St. Joseph Hospital, which is operated by Intermountain Health. Its location within Denver's Uptown Medical District - widely regarded as one of the city's most prominent healthcare corridors - adds to its strategic significance. Notably, this district is the only officially designated medical district in downtown Denver, making it a highly desirable hub for healthcare providers and related services. The acquisition reflects Lincoln Property Company's commitment to strengthening its national healthcare investment platform while deepening its presence in the Mountain West region. According to Alastair Barnes, Vice President of Healthcare Investments at Lincoln, the property stands out due to its modern infrastructure, high-quality institutional tenancy, and strong lease-up potential. These factors position the asset to generate consistent, long-term performance while meeting the evolving needs of healthcare providers and patients alike. For PGIM, the acquisition aligns with its broader investment thesis that prioritizes sectors with strong, needs-based demand and long-term growth drivers. As one of the world's largest real estate investment managers, PGIM views outpatient medical facilities as a high-conviction sector. This perspective is supported by several macro trends, including an aging population, increased demand for accessible healthcare services, and the ongoing shift from inpatient to outpatient care delivery models. Soultana Reigle, Managing Director and Head of U.S. Equity for PGIM's real estate business, emphasized the resilience and stability of the medical outpatient sector. She noted that such assets typically benefit from consistent demand, stable income streams, and defensive characteristics across economic cycles. The St. Joseph Medical Pavilion exemplifies these qualities, offering a high-quality environment where leading healthcare providers can deliver advanced care in a convenient and patient-focused setting. The partnership between Lincoln and PGIM is also a key component of PGIM's core-plus investment strategy. This approach focuses on acquiring high-quality assets with the potential for incremental value creation, often through leasing opportunities or operational enhancements. By investing alongside experienced operating partners like Lincoln, PGIM aims to capitalize on emerging opportunities in alternative real estate sectors such as medical outpatient facilities and senior housing. Currently, the St. Joseph Medical Pavilion is approximately 82% leased, with a diverse and reputable tenant mix. The building houses Intermountain Health as well as a range of leading physician groups specializing in cardiology, oncology, pediatrics, ear, nose, and throat (ENT), and dentistry. This variety of specialties reinforces the building's role as a comprehensive outpatient hub within the Uptown Medical District, providing patients with convenient access to multiple healthcare services in a single location. Brian Bacharach, Executive Vice President at Lincoln Property Company, highlighted the property's strong alignment with the firm's healthcare investment strategy. He pointed to its on-campus location, high-quality construction, and position within a tightly supplied medical district as key factors that make it an attractive addition to Lincoln's portfolio. The strength of the tenant base, combined with long-term demand drivers in the area, further enhances the property's investment appeal. Lincoln Property Company has an established presence across Denver and the broader Mountain West region, and this acquisition reinforces its strategy of targeting high-quality medical assets in markets characterized by population growth and increasing healthcare demand. By focusing on assets that support leading healthcare providers, the firm aims to deliver real estate solutions that enhance patient care while generating sustainable returns for investors. More broadly, the acquisition underscores the growing importance of healthcare real estate as a distinct asset class within the commercial real estate sector. As healthcare delivery continues to evolve, outpatient facilities like the St. Joseph Medical Pavilion are becoming increasingly critical. They offer greater convenience for patients, lower operational costs for providers, and the flexibility needed to accommodate advancements in medical technology and treatment methods. Lincoln Property Company is one of the largest privately held real estate firms in the United States, offering a fully integrated platform of services that spans the entire real estate lifecycle. The company supports a wide range of asset types, including office, multifamily, life sciences, retail, industrial, data centers, production studios, healthcare, government, universities, and mixed-use developments. Its operations extend across the United States, the United Kingdom, and Europe. With a combined management and leasing portfolio exceeding 720 million square feet of commercial space on behalf of institutional clients, Lincoln continues to play a significant role in shaping the global real estate landscape. Its partnership with PGIM on the St. Joseph Medical Pavilion acquisition demonstrates a shared commitment to investing in high-quality, future-ready assets that meet the needs of both tenants and communities. As demand for accessible, modern healthcare facilities continues to rise, investments like this are expected to play a crucial role in supporting the delivery of high-quality care while driving long-term value creation in the real estate sector.

Becker's ASC Review
Mar 30th, 2026
Private equity firm acquires majority stake in independent physician group.

Private equity firm acquires majority stake in independent physician group. By: Cameron Cortigiano Fort Walton Beach, Fla.-based White Wilson Medical Center, an independent physician group, has received an investment from Kain Capital, a private equity firm. The organization has more than 70 providers and nine clinic locations, making it the largest independent physician group in the region, according to a March 30 news release from Kain Capital. The funding will help with provider recruitment, clinic expansion and geographical growth in Florida. White Wilson Medical Center will also continue its transition to value-based care with the investment. In addition, Brad Logan has been named CEO of White Wilson Medical Center. He previously served as CEO of US Eye and COO of Complete Health. White Wilson Medical provides care to more than 95,000 patients through its integrated care model each year, the release said. At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now. Rethinking revenue cycle: from fragmented workflows to a unified operating model. Recommended Live Webinar on May 7, 2026 12:00 PM - 1:00 PM CDT Next up in ASC news. * Why ASCs are watching NewYork-Presbyterian's anticompetitive lawsuit The Justice Department has accused NewYork-Presbyterian, a New York City health system, of stifling competition through restrictive payer contracts that... By: Patsy Newitt * Intermountain Health outpatient building acquired by real estate firms Lincoln Property Company and PGIM, two real estate firms, have acquired an outpatient medical building in Denver. The St. Joseph... By: Cameron Cortigiano * Maryland eye practice acquired Annapolis, Md.-based Vision Innovation Partners has acquired Frederick Eye Institute, a comprehensive ophthalmology practice in Frederick, Md., according to a... By: Patsy Newitt