Allianz Real Estate plans to up new economy, logistics investments in China

The logo of Europe's biggest insurer Allianz SE is seen on the company tower at La Defense business and financial district in Courbevoie near Paris, France, March 2, 2016. REUTERS/Jacky Naegelen/File Photo

The property investment arm of Germany’s Allianz SE expects China to account for up to 50 percent of its Asia-Pacific fund allocation going forward from 40 percent now, with focus on the new economy and logistics sectors, a senior executive said.

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