Strategy

Alongside its insurance businesses, Allianz is one of the world´s leading global investors. 

 

At the end of December 2020, the Allianz Group managed an investment portfolio amounting to €835bn with real estate representing the largest of the alternative asset classes. Allianz Real Estate develops and executes Allianz's global real estate portfolio on behalf of 38 of the Group's insurance companies and pension funds. In 2019 it opened its capabilities to third party investors wishing to invest alongside Allianz and in 2020 it moved within the Allianz Group to form part of PIMCO - one of the world’s premier fixed income investment managers.

We invest in direct and indirect real estate worldwide and originate longer term senior and enhanced commercial real estate loans in Europe and U.S.
 

 
 

François Trausch

François Trausch, Chief Executive Officer & Chief Investment Officer

"Allianz Real Estate focuses on delivering long-term, risk-adjusted returns to the Group of Allianz investors through first-class asset and portfolio management and yield-accretive acquisitions. Our constant endeavor is to navigate through the complexities of the real estate business and secure high profitability at a reasonable risk." 

Investment pillars

€38.6bn

Direct equity

The foundations of Allianz’s real estate portfolio lie in equity. Our historic focus has been on Core and Core+ office, retail and residential properties across Europe.  We have a growing portfolio of these investments in the U.S. and the Asia-Pacific region and have recently expanded into direct Value Add across Europe.

€14.3bn

Indirect investment

We invest with partners around the world through funds and co-investments to access regions and asset classes outside our main areas of expertise, such as China, Logistics or Opportunistic strategies.


€22.4bn

Debt

Debt is an established and fast growing business line at Allianz. Our debt business is currently focused on Europe and the U.S. In the U.S. we hold a portfolio of €11.8bn and have been established for more than 40 years. Our award winning European Debt business was launched in 2011 and reached €10.7bn by the end of June 2021.
 

Data as of 30st June 2021

Our investment approach

Allianz Real Estate is a long term investor focusing on Core to Value Add opportunities. We consider equity and debt opportunities in the same light and target properties in core markets that offer unlevered returns of 4-6% with a low to moderate risk profile. 

Our holistic approach to the markets, our broad diversification strategy, our organizational structure and our ability to develop and execute complex deal structures enable us to constantly identify new opportunities and develop long term partnerships. 

We are in a position to make the most of the different opportunities presented by an investment. Not just by asset class, but on a global, regional and national level and by differentiating between direct and indirect investments and real estate financing.

Areas we find of interest

Direct investments in €100m+ Core to Value Add properties

Acquisition of prime office and retail property in European, U.S. and Asian gateway cities

Fund investment from €100m+ in specialist asset classes and for enhanced return strategies

Joint ventures, co-investment and club deal opportunities

Financing of senior debt in Europe and the U.S.

Minimum ticket size for European Debt of €100m, for U.S. Debt €20m

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.  ©2021, PIMCO.

© Allianz 2021
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