North & Central Europe 

Austria, CEE, Germany, Ireland, the Nordics, UK

"Our investment approach is pro-active with the goal of generating stable cash flows for our investors while seeking and acting on opportunities to drive asset value. Establishing strong relationships with partners in specific regions and segments is another core pillar in our investment and management strategy."

Annette Kröger
Chief Executive Officer North & Central Europe

Allianz Real Estate North & Central Europe oversees a real estate portfolio with a market value of €14bn. The portfolio is diversified regionally - with a major focus on Germany and approximately 25% allocated to other markets - as well as by product type. The region mainly pursues a core investment strategy, focusing on office and retail assets in metropolitan areas and capital cities of the region it covers. However, the aim is to actively create value – by selectively pursuing manage to core investment opportunities and performing redevelopment and refurbishment strategies within the existing asset portfolio. Investments are executed both as direct acquisition with full ownership as well as joint venture structures with partners.

The team is spread across seven offices and focus on operational portfolio management, real estate investment management (including acquisition and selective dispositions), commercial and technical asset management, technical management and legal support.

Assets under Management



64% Office

27% Retail 

8% Residential

1% Mixed / Other

Data as of 31th December 2019
Sector breakdown of direct equity

Recent highlights

Allianz expands Munich office footprint with EUR 214m acquisition Allianz Real Estate has acquired the NM28 office building in Munich for EUR 214 million in a sale-and-leaseback transaction with Bertelsma... Read More
Allianz Real Estate launches tenant experience platform Spaceflow to provide a digital layer in its flagshi... Allianz Real Estate announces the launch of the Spaceflow tenant experience platform in THE ICON – its prime new development in Vienna. Th... Read More
Allianz increases debt financing facility for Parndorf designer outlet in Austria to EUR185m Allianz has increased its debt financing for McArthurGlen Designer Outlet Parndorf in Austria by EUR93 million for owners McArthurGlen and... Read More

Key contacts

Annette Kröger

Chief Executive Officer
North & Central Europe
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Thomas Villadsen

Head of Austria

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Holger Hosang

Head of Germany

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Nicole Pötsch

Head of Acquisitions and Sales

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Jenny Lindholm

Head of Nordics

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Find us

Google Map of Joachimsthalerstrasse 10 10719 Berlin

Allianz Real Estate GmbH
Joachimstalerstraße 10
10719 Berlin

Google Map of Taunusanlage 17 60325 Frankfurt am Main

Frankfurt am Main
Allianz Real Estate GmbH
Taunusanlage 17
60325 Frankfurt am Main

Google Map of Kleine Rosenstraße 10, 20095 Hamburg

Allianz Real Estate GmbH 
Kleine Rosenstraße 10
20095 Hamburg

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Allianz Real Estate GmbH
Sion Hall
56 Victoria Embankment

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Allianz Real Estate GmbH
Ohmstraße 13
80802 Munich

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Andersson Real Estate Investment Management AB
Norrlandsgatan 18, 5 floor I
Stockholm I  SE-111 43

Google Map of Charlottenstraße 3 70182 Stuttgart

Allianz Real Estate GmbH
Charlottenstraße 3
70182 Stuttgart


When introducing a property investment opportunity to Allianz Real Estate you acknowledge that we are under no obligation to accept your introduction or enter into any agreement with you. Fees, commission or other payments in respect of introductions shall only be payable where there is a signed written agreement to that effect entered into between Allianz Real Estate and the introducer. By submitting an introduction to Allianz Real Estate you shall be deemed to have accepted the aforementioned terms.