Allianz RE grows European debt portfolio to over €10 billion
Allianz Real Estate, the property arm of global insurer Allianz Group, has seen its European debt portfolio grow to €10.6 bn in assets under management as at the end of 2020, up by around 15% year-on-year.
The firm delivered €1.9 bn in new investments across the year, with capital deployed by its Luxembourg-based European debt fund, Parec, increasing to more than €4 bn, up by a third, the firm said.