Allianz Real Estate buys Trimaran and Element buildings from S+B for €100m. :
Allianz Real Estate has made its second property deal in the Czech Republic, investing €110m into two office buildings. The €60bn real estate manager has acquired the Trimaran and Element buildings in Prague from the Austrian developer S+B Gruppe. The deal is firm’s first office equity investment in the Czech Republic. In October last year, Allianz part-refinanced a €160m logistics portfolio for CTP Property.