M&G Real Estate says an Asia value-add strategy possible in future

Real estate investor and Prudential Plc affiliate M&G Real Estate, which manages realty assets north of $5 billion in Asia Pacific, may be laying the groundwork for what could be an Asia-focused real estate vehicle — possibly a value-add one — in a couple of years. This vehicle is likely to be separate from its core real estate fund, which is more than a decade old.