Allianz Real Estate says Asia AUM grew 83% to touch $6.3b in 2019

Allianz Real Estate says Asia AUM grew 83% to touch $6.3b in 2019

The Allianz SE logo sits on a top of a building in Berlin, Germany. Photographer: Krisztian Bocsi/Bloomberg

Allianz Real Estate, the realty investment arm of German insurer Allianz, continues to expand its portfolio in Asia with its assets under management (AUM) in the region reaching EUR5.5 billion ($6.5 billion) as at the end of 2019, an 83 per cent rise from the previous year.

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