PressNewsFinancialsStakes and investments: Allianz Real Estate sells group of office buildings to Patrizia

Allianz Real Estate sells group of office buildings to Patrizia

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Allianz Real Estate Germany has sold a group of 9 office buildings to one of the institutional funds managed by Patrizia Immobilien AG. Objects in Duesseldorf, Frankfurt, Hamburg, Hannover, Munich and Stuttgart are all involved in the transaction.  

 

Allianz SE
Munich, Jul 19, 2016

Sprinkenhof, a building in Hamburg's Kontorhausviertel area, is also on the list. The sales volume amounts to over 400 million Euros. The sale is part of the buy-manage-sell strategy pursued by Allianz Real Estate Germany in its quest to diversify its portfolio in a balanced way. 

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Roland Deger
Allianz Real Estate GmbH
Phone +49.89.1727330023
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