The property investment arm of German financial services giant Allianz expects China to soon account for up to half of its Asia-Pacific fund allocation, up from the current 40 per cent, with a focus on the new economy and logistics sectors.
Rushabh Desai, its Asia-Pacific chief executive, revealed on Monday the insurer and asset manager has just bought an office tower in a Beijing software park, already fully leased out to Chinese tech firms.
It expects to complete another purchase in a…
Source : South China Morning Post
Read more…Allianz Real Estate targets raising investment in Chinese new economy, logistics, says Apec CEO















