Allianz Slides Allianz RE under PIMCO Banner
Posted on 03/13/2020
In a bid to save money on costs and personnel, global insurance giant Allianz SE released plans to merge Allianz Real Estate and Pacific Investment Management Company, LLC (PIMCO) to create a €100 billion-plus real estate investment manager. As a captive investment manager, Allianz Real Estate oversees some €73.6 billion of real estate investments predominantly […]