Allianz Real Estate (ARE) was awarded leading Indirect Strategy and Debt Strategy company at the 2017 IPE Real Estate Awards on 16th May. These two awards from IPE, alongside Allianz’s ranking as the second largest real estate investor and April’s Deal of the Decade: Debt Award from Property EU, recognise our position as a notable influence within the global real estate industry.
Allianz started to invest in real estate many decades ago. In 1985 its first specialist real estate entity was founded in Germany. This was the start of aligning real estate investment and asset management processes which was then lifted to a global platform - Allianz Real Estate.
As the global real estate investment and asset manager of Allianz, ARE develops and executes tailored portfolios and investment strategies worldwide for the various insurance companies of the Group. Starting with a direct equity portfolio of ca. €16bn in 2008, our AUM reached the €50bn milestone as of 31st of December 2016.
Recognized by the recent awards, 2016 saw ARE strengthen its market position by developing new joint-ventures and nurturing existing partnerships with leading global players in their respective regions or segments. We secured new investments and loans of €5.8bn and sales of properties worth €900m, increased the size of our team in Singapore as part of our growth in Asia Pacific and expanded our footprint in Europe by opening an office in Spain. We diversified our investments – both geographically (UK, Nordics, Ireland, China) and in terms of asset type (student housing, logistics, data warehousing) and investment style (value-add and opportunistic through indirect). On the asset management side, delivered an occupancy rate for our direct equity portfolio of 95%.