Allianz Real Estate invests EUR 2b in 2011

Allianz Real Estate has confirmed it carried out almost EUR 2 bn of equity and debt investments during 2011. Direct investments accounted for around EUR 1 bn with significant transactions including the acquisition of an 80% stake in the Skyline Plaza shopping centre in Frankfurt and the purchase of Forum Seine, a complex consisting of two buildings totalling 32,825 m[sup]2[/sup] in Issy-les-Moulineaux, southwest of Paris.

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