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German institutional investors diversify outside home market

Posted on 01 March 2013

New regulations are prompting German insurance companies and pension funds to increase their exposure to property. Last year’s Christmas break was anything but quiet for the acquisition team of Allianz Real Estate. In December and January, the real estate arm of Germany’s largest insurance company acquired a number of assets at home and abroad.
Recent deals included the acquisition of the 33,000 m2 Medienfabrik office scheme in Munich for an estimated €90 mln. And the spending spree is set to continue………………………………………..Full Article: Source


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