Issue 2011 September 13th

This issue was created on 2011-09-13 09:20:00

  • Allianz pledges to increase real estate holdingsSeptember 13, 2011
Allianz has taken an 80% shareholding in the Skyline Plaza – a new shopping mall due to open in Frankfurt/Main in autumn 2013. It has been sold by CA Immo Deutschland and ECE, although they have each retained a 10% stake in the property. The total investment volume is around euro360m. The Skyline Plaza is being built in Europaviertel – a new inner-city district close to the main railway station, the Frankfurter Messe exhibition centre and the banking district. CA Immo is developing this area into a vibrant urban setting with real estate for offices, hotels, shopping and apartments.
Subscribe or log in to read the rest of this content.
Share →

Leave a Reply

Your email address will not be published. Required fields are marked *