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Annual Review March 2020 • Perenews.Com

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Annual Review March 2020 • Perenews.Com Annual Review March 2020 • perenews.com PERE AWARDS Awards 2019 Institutional Investor of the Year: North America Allianz Real Estate Allianz Real Estate deployed $3 billion in equity and financing capital throughout the US alone. Its largest transaction took place in New York’s newest submarket: Hudson Yards. For $384 million, the company secured a 49 percent stake in an office condo that spans more than half of 30 Hudson Yards, the tallest building in the new neighborhood on Manhattan’s West Side. The acquisition follows a similar investment it made into 10 Hudson Yards in 2016. Awards 2019 Institutional Investor of the Year: Asia Allianz Real Estate Allianz Real Estate is an obvious winner in this category. The firm is aggressively ramping up its capabilities in Asia by writing a few large-ticket transactions, most of which represent the firm’s strategy of buying core income producing assets for long-term hold, including its purchase of a $1.2 billion Blackstone multifamily portfolio. Analysis KEYNOTE INTERVIEW New strategies drive global growth François Trausch, CEO of Allianz Real Estate, Institutional Investor of the Year for both North America and Asia, reflects on his firm’s successes What have been the key events What key challenges did you Q for your firm over the past 12 Q have to overcome? months? ompetition in the market is fierer than We continue to add new strategies to our ever as investors continue to focus on real investment approah loally this ov- estate as an alternative investment On one ers new geographies and new sectors and or two of the deals partiularly the uild- su-setors to-ore logistis in the the team had This diversifiation is also evident within to really sell the risk profile of the deal to the regions for which we won the Institu- key internal stakeholders ie the initial re- tional nvestor of the ear awards sia-a- turn on cost versus usual net initial yield on SPONSOR ifi and orth meria longside our ore inome-produing deals n sia we have ALLIANZ REAL ESTATE oe investments in gateway ities we have had to build the necessary infrastructure to invested in logistis inreased our eposure match our ambition and the speed of our to value-add and roadened our footprint Our diversifiation strategy with regards portfolio growth. in for eample student aommodation to Asia has enabled us to deliver strong ey deals in the inlude the stake growth Our onfidene in the fundamen- What or who is mainly in udson ards oe uilding in ew tals there rapid uraniation the rising Q responsible for your success? ork uild-to-ore logistis with and auene of the middle lass inreasing Our two regional Os hristoph onner uild-to-ore multifamily with ennar n sophistication in the real estate investment in the and ushah esai in sia take sia-aifi headline investments inlude markets underpins llian’s strategy to al- the headlines in the media when they deliv- maor oe deals in ingapore O Tow- loate - perent of its real estate invest- er suh tremendous deals ut eually they ers eiing onsin Tehnology enter ments in the region to fast-growing markets both lead outstanding teams in their regions. and ndia averok the huge akura res- suh as hina and ndia urthermore llian eal state is a truly idential portfolio in apan and student a- global business; our teams of experts world- ommodation in ustralia with ape wide are complemented by a number of cen- tralised functions operating out of locations What has the operating in ermany and rane Q environment been like in that “Competition in the The illion akura deal in apan for time? eample with residential assets distriuted n the orth merian market we have a market is fiercer aross four maor ities relied on some heavy positive long-term strategi outlook on lifting from our teams in urope partiularly multifamily residential and logistics. With than ever” in tuttgart and unih There are also nu- udson ards the investment oered a merous examples of colleagues relocating to uniue ashow profile with high ash-on- sia and the for several months to lend ash and is a repeat deal with elated om- their expertise to the regional teams. Real es- panies. tate is and always will be a people business. ■ March 2020 • Annual Review 49 .
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