Allianz Real Estate Germany is responsible for real estate investment and asset management by the Allianz companies in Germany, Austria, Eastern Europe and Scandinavia.
Allianz Real Estate Germany is a subsidiary of Allianz Real Estate which forms the strategic umbrella for all real estate investments of Allianz worldwide.
The key tasks of Allianz Real Estate Germany include:
- Operational portfolio management
- Real estate investment management, including direct investment
- Property asset management, including leasing office and retail space
- Technical engineering
- Control of contractors in property and shopping centre management
- Sale of real estate assets
Allianz Real Estate Germany has offices in Frankfurt and Stuttgart. Together with its branches in Berlin, Frankfurt and Munich it oversees a real estate portfolio with a market value of approximately € 5 billion. The company is one of the biggest lessors of office and retail space in Germany and receives annual rental of around 280 million euros.
Detailed investment profile for direct investments
|Type of investment||Core||Core, core plus|
|Size of investment||
|Location quality||Central business district and other established office areas||Prime city-center locations as well as established retail locations|
|Leases and tenant quality||
|Other||Flexible space allowing for reletting||Shopping center developments: in case of a strong product forward purchase will be considered|