Charles J. Pridgeon has joined Allianz Real Estate as its Chief Investment Officer with effect of September 2010.

Allianz Real Estate has closed the acquisition of the shopping centre "The Beursgallery" in Rotterdam, the Netherlands, from Pramerica Real Estate Investors acting on behalf of an IVG fund. The asset is a prime retail property, located in Beustraverse - the most successful retail area of Rotterdam.

Allianz Real Estate France has completely leased the Olivier de Serres Tower to France Telecom. The building is located at 78-84 rue Olivier de Serres, Paris 15, near Porte de Versailles.

Allianz Real Estate Germany has acquired about 80 retail assets of the discount market Aldi Süd from Aldi Grundstücksgesellschaft mbH & Co. KG.

Allianz Real Estate Germany has acquired the office building "Triton" in Frankfurt from OVG Real Estate who acted on behalf of IVG Institutional Funds. The property is located in Frankfurt Westend and will be redeveloped over the next 2 years to meet the green building standard. The investment volume is approx. 200 million euros.

Last April, James A. Stolpestad joined Allianz as the new CEO of Allianz Real Estate of America. He shares his insight into the current US market and the prospects for Allianz as a real estate investor.

Allianz Real Estate Germany GmbH has acquired the office building "Spherion" in Duesseldorf from SIGNA Property Funds. The property is one of the most prominent office buildings in Duesseldorf. The investment volume is around 100 million euros.

Allianz Real Estate announces today that it has signed a deal with a view to acquire 75 percent of Espace Saint-Quentin a regional shopping center in the Yvelines department.

Allianz Real Estate announces today that it has closed the acquisition of 100 percent of the Le Colisée office building in La Défense, France, from Compagnie La Lucette (CLL) through a share transaction.

Allianz Real Estate Germany has successfully rented 362 square meters of office space in the heart of Frankfurt.

Former EDF headquarters, "Capital 8 - Messine" is a Prime Grade, a real estate ensemble composed of three independent Haussmann buildings with a total lettable area of approximately 18,000 sqm of very high quality office space.

Joint Venture structure by selling a 50 percent stake to Corio 

Allianz Real Estate closed  the acquisition of the "Porta di Roma" shopping mall in Rome, Italy from Porta di Roma S.r.L. and Gallerie Commerciali Italia S.p.A..

Common statement from Allianz Real Estate and General Service Italia SpA

Allianz Real Estate Germany GmbH has rented out office space with a total area of 1,200 square metres to Fitch Deutschland GmbH; the offices are located in the mainBuilding in Frankfurt am Main. The company will move into the premises at Taunusanlage 17, directly alongside the Old Opera House in the middle of the Frankfurt Westend, on May 1, 2010.

Expertise Pierre held their annual ceremony to award the best men and women in the real estate industry.

Allianz Real Estate Germany and ING Real Estate Development announced today to have reached agreement on the sale of a 50 percent share in the Allee Shopping Centre in Budapest to Allianz for approximately 100 million euros. ING Real Estate Development will keep the remaining 50 percent ownership of Allee and will be responsible for the day to day management of the centre.

Allianz Real Estate Germany GmbH has acquired a building complex in the Nymphenburger Straße in Munich. The investment volume is ca. 100 million euros. The complex was sold by E.on Energie AG. The complex was acquired for various Allianz companies under the control of Allianz Lebensversicherungs-AG.

In spite of the economic crisis Allianz Real Estate Germany GmbH has increased the property it has rented out by 19 percent.