The change comes more than two years after PIMCO officially assumed oversight of Allianz Real Estate in October 2020, creating one of the world’s largest and most diversified real estate investment platforms.
A leading global real estate investor and manager, PIMCO Prime Real Estate is a PIMCO company and part of the PIMCO real estate platform, focusing on the Core and Core+ segments of the market and managing the Allianz Group’s $93B+ real estate mandate.
PIMCO’s real estate platform is one of the largest and most diversified in the world, with over $190B1 in assets and a broad set of solutions that leverage decades of expertise across public and private equity and debt markets.
About PIMCO Prime Real Estate
A leading global real estate investor and manager, PIMCO Prime Real Estate is a PIMCO company and part of the PIMCO real estate platform, focusing on the Core and Core+ segments of the market and managing the Allianz Group’s $93B+ real estate mandate.
Formerly known as Allianz Real Estate, we manage a global investment portfolio of $97.5B AUM, with an international team of 490 employees working in 17 offices in Belgium, China, France, Germany, Italy, Japan, Singapore, Spain, Sweden, the UK and the U.S.
PIMCO’s real estate platform is one of the largest and most diversified in the world, with over $190B in assets and a broad set of solutions that leverage decades of expertise across public and private equity and debt markets.
Source: PIMCO Prime Real Estate, data as of September 2022. All figures in USD. 1AUM includes $97.5B in estimated gross assets managed by PIMCO Prime Real Estate (formerly Allianz Real Estate), which includes PIMCO Prime Real Estate GmbH, PIMCO Prime Real Estate LLC, and their subsidiaries and affiliates.
PIMCO Prime Real Estate LLC is a wholly-owned subsidiary of Pacific Investment Management Company LLC, and PIMCO Prime Real Estate GmbH and its affiliates are wholly-owned by PIMCO Europe GmbH. PIMCO Prime Real Estate LLC investment professionals provide investment management and other services as dual personnel through Pacific Investment Management Company LLC. PIMCO Prime Real Estate GmbH operates separately from PIMCO.
These assessments are, as always, subject to the disclaimer provided below.
Important Information
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. PIMCO Prime Real Estate does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will PIMCO Prime Real Estate be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages. Any views expressed were held at the time of preparation and are subject to change without notice. While any forecast, projection or target where provided is indicative only and not guaranteed in any way. PIMCO Prime Real Estate accepts no liability for any failure to meet such forecast, projection or target. This document is not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe to any investment. This document is not intended as investment advice, or an offer or solicitation for the purchase or sale of any financial instrument, or an offer or recommendation related to PIMCO Prime Real Estate and/or its products. None of the information or analyzes presented herein are intended to form the basis for any investment decision, and no specific recommendations are intended. PIMCO Prime Real Estate is a trademark of Pacific Investment Management Company LLC and PIMCO is a trademark of Allianz Asset Management of America LLC in the United States and throughout the world. ©2023, PIMCO
