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Allianz Real Estate: solid rise in AuM

(CercleFinance.com) - On Wednesday, Allianz Real Estate announced that its assets under management (AuM) reached 67.
1 billion euros at end-June 2019.

This represents an increase of 3.6 billion euros since the beginning of the year. Growth is thanks to continued expansion in Europe, the US and Asia-Pacific and diversifying asset categories, sectors and investment strategies, the group said.

Regarding its outlook, Allianz Real Estate says that it is targeting AuM of 100 billion euros by 2024.

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