Allianz Real Estate plans to spend EUR 1 bn on property loans in Germany in 2011 in what would be the insurers’s first foray into property lending in Europe, the company’s CEO for Germany Stefan Brendgen told PropertyEU at MIPIM. 'We aim to spend approximately EUR 400 mln in the first half, if of course we can find attractive opportunities.'
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
