Property Funds World Newsletter

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NEWSLETTER | 12 Mar 2020

All together now: Allianz Real Estate and PIMCO to combine…

It’s all about deals this week with news of Allianz’s plans to combine PIMCO and Allianz Real Estate to create 'the world’s most preeminent real estate manager' with over EUR100 billion in core, value-add and opportunistic real estate across Europe, the US and the Asia-Pacific Region.

We also report on how AXA IM - Real Assets completed EUR13.7 billion of transactions last year, while Amundi managed EUR4.3 billion of deals, plus a new Anglo-German JV which is looking to splash the cash to the tune of GBP1 billion to build a London property portfolio.

Elsewhere, a new study commissioned by cloud solutions specialist Drooms suggests Application Programming Interfaces (APIs) are the tech feature most coveted by real estate professionals…

Property Funds World

Allianz to combine PIMCO and Allianz Real Estate

Thu | 12 Mar 2020, 12:37

Allianz has unveiled plans to combine fixed income investment manager PIMCO and Allianz Real Estate, a captive real estate specialist with more than EUR70 billion of assets under management.

Thu | 12 Mar 2020, 12:37

Nearly two-in-three (65 per cent) real estate professionals have cited Application Programming Interfaces (APIs) as the feature they would most like to see incorporated into the tech they use, ahead of security (29 per cent) and blockchain (15 per cent).

Thu | 12 Mar 2020, 12:37

Across UK commercial property, capital values decreased -0.1 per cent in February, according to the latest CBRE UK Monthly Index. Rental values also decreased -0.1 per cent, while total returns were 0.3 per cent for the month.

Thu | 12 Mar 2020, 12:37

Real estate private equity firm Madison International Realty has held the final closing of Madison International Real Estate Liquidity Fund VII, its latest commingled investment vehicle, with USD1.2 billion of equity commitments, including side cars, co-investment vehicles and general partner commitments.

Thu | 12 Mar 2020, 12:37

AXA Investment Managers - Real Assets (AXA IM - Real Assets) completed EUR13.7 billion of transactions on behalf of clients in 2019 and raised EUR8.6 billion of new capital over the course of the year, whilst delivering on its strategic priorities of expanding the investor base and further geographic and asset diversification.

Thu | 12 Mar 2020, 12:37

New research by AEW highlights how investors are not yet pricing climate risks into asset acquisitions, including in the circa EUR130 billion a year European office investment market.

Thu | 12 Mar 2020, 12:37

Dartriver London, a specialist investment, development and asset management company, has created a new business with Conren Land and Indigo Invest.

Thu | 12 Mar 2020, 12:37

2019 was another very dynamic year for Amundi Real Estate, which carried out a total transaction volume of EUR4.3 billion on behalf of its funds and mandates, bringing the cumulative amount of transactions over the last five years to EUR22 billion.