Allianz Real Estate’s European debt fund passes €1bn

Finance

Source: freeimages.com

Allianz Real Estate’s pan-European debt fund, launched in July this year, has surpassed €1bn (£890m) in deployed capital in its first five months, completing transactions in the UK, Italy, Ireland, Spain and Sweden on behalf of a range of Allianz insurance firms.

The new fund, which is administered in Luxembourg, was launched to accommodate the growing demand from Allianz Group companies seeking to increase their exposure to real estate debt. In 2019, Allianz Real Estate will be opening the fund, which focuses on prime lending opportunities, to third-party institutional investors.

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