Joe Valente, head of research at property advisor DTZ, is joining Allianz Real Estate where he will head the portfolio management and strategy division. 'We are very pleased that Joe Valente is joining our company', said Karl Ralf Jung, chairman of the board of Allianz Real Estate, in a statement. 'In him, we will have a worldwide recognised real estate expert who will support us in the continued development of the Allianz international real estate investment management with his profound expertise and extensive experience.'