Allianz Real Estate

Funds

Allianz Real Estate, Ivanhoé Cambridge set up US$2 bil fund to invest in Japan multi-family residential property

The fund will acquire primarily newly completed assets in Tokyo, Osaka, Nagoya, and Fukuoka.
Khazanah, Temasek to sell part of joint Singapore property for about $1.6 bil

Property

Khazanah, Temasek to sell part of joint Singapore property for about $1.6 bil

(July 30): A joint venture between Malaysia sovereign wealth fund Khazanah and Singapore state investor Temasek is selling the office and retail units of its DUO property development in Singapore, it said late on Monday.

M&A

Keppel REIT divests 20% stake in Ocean Financial Centre to Allianz RE for $537 mil

SINGAPORE (Nov 30): Keppel REIT is divesting a 20% stake in Ocean Financial Centre to Allianz Real Estate.

Property

Keppel Capital’s Alpha fund and Allianz in JV to acquire property in Shanghai business park

SINGAPORE (Sept 13): Alpha Asia Macro Trends Fund III (AAMTF III) and Allianz Real Estate together with a co-investor, are jointly acquiring a prime office building in China for US$48 million ($65.7 million).

Funds

Allianz plans to double Asian property investments over 3 years

(Jan 4): Allianz SE’s property unit plans to double investments in Asia over three years as the German firm is drawing in more money from its insurance operations in the region.
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