PRECO III Overview
- Fund Type
-
Real Estate
- Fund Status
-
Closed
- Fund Manager
- PGIM Real Estate
- Size
-
$700M
- Vintage
-
2006
- Dry Powder
-
PRECO III General Information
Description
PRECO III is a real estate value added fund managed by PGIM Real Estate. The fund is located in Atlanta, Georgia, and invests in the United Kingdom and Scotland. The fund targets retail and senior housing properties. The fund targets business products and services and manufacturing sectors.
Contact Information
Fund Manager's Location
- 3350 Peachtree Road North East
- Suite 800
- Atlanta, GA 30326
- United States
PRECO III Investment Strategy
Investments by Industry
Investments by Deal Type
PRECO III Limited Partners (13)
Bell Atlantic Master Trust is one of PRECO III’s 13 limited partners. Its latest Original was on 01-Jul-2006.
| Limited Partner Name | Type | Status | Commitment | Date | Commitment Type |
|---|---|---|---|---|---|
| Bell Atlantic Master Trust | Current | 01-Jul-2006 | Original | ||
| California Public Employees' Retirement System | Former | 01-Jul-2006 | Original | ||
| California State Teachers' Retirement System | Current | 01-Jul-2006 | Original | ||
| Lehigh University Endowment | Current | 01-Jul-2006 | Original | ||
| National Pensions Reserve Fund Commission | Government Agency | Former | 01-Jul-2006 | Original |
PRECO III Returns Data
The below charts are illustrative of the type of graphical data available to our clients and do not represent live data.
IRR (%)
DPI (x)
RVPI (x)
TVPI (x)
PRECO III Returns History
| Period | Contribution (by all LPs) | Dry Powder | Distribution (to all LPs) | NAV | Total Fund Distr+NAV | IRR | DPI | RVPI | TVPI | Dry Powder % |
|---|
PRECO III Benchmark (220)
| Fund Name | Fund Type | Vintage | IRR | Quartile | As of Date |
|---|---|---|---|---|---|
| Quantum Resources | 31-Dec-2017 | ||||
| Newcastle Limited Real Estate Investment | |||||
| Prologis North American Industrial Fund | 30-Sep-2023 | ||||
| Westminster CCRC Investors I | |||||
| CIM Fund III | 31-Dec-2024 | ||||
| Carlyle/Riverstone NGS Partners | |||||
| Harrison Street Real Estate Partners I | 31-Dec-2018 | ||||
| Hawkeye Partners Scout Fund I | 31-Dec-2024 | ||||
| Castle I | |||||
| Fairway America Fund III |
PRECO III FAQs
-
What is PRECO III?
PRECO III is a real estate value added fund managed by PGIM Real Estate.
-
Who manages PRECO III?
PRECO III is managed by PGIM Real Estate.
-
Where is PRECO III domiciled?
PRECO III is domiciled in United States: Delaware.
-
What is PRECO III's size?
PRECO III has a size of $700M.
-
What type of fund is PRECO III?
The fund type of PRECO III is Real Estate.
-
What is the status of PRECO III?
PRECO III is closed.
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