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 €13.8bn. The portfolio is diversified both by product type and regionally - with a major focus on Germany and approximately 25% allocated to other markets. 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



65% Office

26% Retail 

7% Residential

1% Logistics

1% Other

Data as of 30th September 2020
Sector breakdown of direct equity

Recent highlights

Allianz builds London exposure with first office equity investment Allianz Real Estate, acting on behalf of several Allianz group companies, has increased its London exposure via its first office equity in... Read More
Allianz formally takes ownership of Kap West office asset in Munich Kap West, the latest addition to Munich’s growing office skyline, was formally handed over to Allianz on 1 October 2020 from the asset’s d... Read More
Allianz grows its UK portfolio with a participation in Get Living, the UK’s largest Private Rental Sector p... Allianz Real Estate, acting on behalf of several Allianz Group companies, has acquired a 21.5% stake in the Delancey Oxford Residential (D... Read More

Key contacts

Annette Kröger

Chief Executive Officer
North & Central Europe
Send message

Thomas Villadsen

Head of Austria

Send message

Lars Fröhling

Head of Asset Management

Send message

Nicole Pötsch

Head of Acquisitions and Sales

Send message

Jenny Lindholm

Head of Nordics

Send message

Find us

Google Map of Joachimsthalerstrasse 10 10719 Berlin

Allianz Real Estate GmbH
Joachimsthalerstraße 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

Google Map of 56 Victoria Embankment, London EC4Y 0DZ, Vereinigtes Königreich

Allianz Real Estate GmbH
Sion Hall
56 Victoria Embankment

Google Map of Ohmstraße 13  80802 München  Deutschland

Allianz Real Estate GmbH
Ohmstraße 13
80802 Munich

Google Map of Norrlandsgatan 18, 111 43 Stockholm, Schweden

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


Allianz Real Estate GmbH and Allianz Real Estate of America, their subsidiaries and affiliates are known jointly as “Allianz Real Estate”. Allianz Real Estate is a PIMCO company. 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.

PIMCO is a trademark of Allianz Asset Management of America L.P. in the United States and throughout the world.  ©2020, PIMCO.