Allianz Real Estate plans to buy property assets worth up to EUR 2 bn in France within the next three years, Olivier Piani, global head of real estate at Allianz, told French newspaper La Tribune. The company will target shopping centres in the country with investments ranging between EUR 70 mln and EUR 100 mln.

Allianz Real Estate plans to buy property assets worth up to EUR 2 bn in France within the next three years, Olivier Piani, global head of real estate at Allianz, told French newspaper La Tribune. The company will target shopping centres in the country with investments ranging between EUR 70 mln and EUR 100 mln.

Allianz Real Estate France handles investments in the real estate sector for the AGF group and investments for the private real estate market. Recently, the company appointed Olivier Wigniolle as CEO of its French business and a member of the executive committee of Allianz Real Estate Group.