PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Allianz to rebalance property toward indirect, retail
German insurer Allianz aims to restructure its property portfolio, raising indirect investments to 20% from 5% now and shifting asset focus away from office and toward retail, says CEO Olivier Piani. He reiterated earlier remarks that the goal remains to raise real estate to E30bn total assets from E18.8bn now, and targets net portfolio growth of some 12% per year