The unnamed insurer wants to allocate €150m to core real estate, excl Switzerland. : A Swiss insurance company is seeking direct real estate investment managers, according to a new search on IPE Quest. The unnamed insurer wants to allocate €150m to the core European real estate, excluding Switzerland, the IPE Quest QN-2570 states. The investor is looking to allocate to pooled open-ended funds with at least €1bn of real estate assets under management and at least €1bn in firm-wide assets under management. Performance should be stated gross of fees to 30 June 2019.