Allianz Real Estate

Allianz Real Estate invests globally in direct and indirect real estate products.

Key investment criteria:

Direct Investments in prime office and retail centers in major locations throughout the eurozone
Chiefly core/core+ products starting from 50 million euros
Its portfolio is expanded through joint ventures and co-investments with other market leaders in their respective markets or asset classes
Risk diversification and performance improvement achieved through the purchase of senior debt investments and preferred equity positions in real estate
Fund investments in specialized asset classes (e.g. logistics and senior housing) and markets where Allianz does not operate directly
Financing of commercial property in prime locations, loan-to-value of 50 - max. 70%, long-term fixed rate loans of 7-10 years

Allianz targets properties combining rising returns with a reasonable risk.

Examples from Allianz Real Estate's portfolio

Amsterdam

Forum Amsterdam,
Prime office building, winner of the 2002 MIPIM AWARD
Investment volume: approx. 80 million euros
Rental space: approx. 9,000 sq m

Hamburg

Europa Passage,
Shopping mall, winner of the 2007 MIPIM AWARD
Investment volume: approx. 430 million euros
Rental space: approx. 60,000 sq m retail, office and catering space

www.europa-passage.de

Boston

One Beacon Street,
LEED certified prime office building
Co-investment, Allianz interest 50%
Rental space: approx. 94,500 sq m

www.1beaconst.com

New York City

1301, Avenue to the Americas,
Prime office building opposite Rockefeller Center
Co-investment, Allianz interest 25%
Rental space: approx. 167,000 sq m

Paris

Boulevard Haussmann/ Rue du Faubourg Saint Honoré
Office and commercial building in a prime location
Investment volume: approx. 100 million euros
Rental space: approx. 10,600 sq m