Real Estate

Allianz Real Estate Grows Asia-pacific Exposure Via $600M Glp Jv | News | Ipe Ra

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Allianz has committed the capital to GLP funds to focus on China and Japan logistics. : Allianz Real Estate has committed US$600m (€535.5m) to GLP funds to focus on developing and investing in logistics assets in China and Japan. Rushabh Desai, Asia-Pacific CEO of Allianz Real Estate, said: “We continue to believe in the long-term fundamentals of the Asia-Pacific region. Logistics is a core part of our investment strategy and this opportunity will further diversify our portfolio.” He told IPE Real Assets: “In Asia, Allianz has exposure to logistics in China, Japan, India and Australia.

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