We aim to be a leader in sustainable real estate investing across Europe, the U.S. and the Asia Pacific region – in equity and lending
"Our support for real estate solutions supporting the low-carbon transition is steered by our client Allianz’s commitment to reach net-zero emissions by 2050. We seek to deliver concrete actions, using scientific measures to thoughtfully transition real estate assets, and thus our clients’ portfolios."
A reduction of emissions in the real estate sector – which accounts for approximately 40%1 of global annual greenhouse gas emissions – could have a considerable impact on global decarbonization.
As the guardians of Allianz’s real estate portfolio – one of the largest and most diversified in the world – we create environments and communities where people work, live and spend their time. The size, scope and Core focus of Allianz’s portfolio, puts us in a position to be leaders in the industry, reducing the carbon footprint of individual buildings and working with tenants and borrowers to evolve their environmental footprint too.
Our primary focus is on carbon emissions and energy efficiency across this Core and Core+ portfolio. We aim to direct Allianz’s capital into sustainable assets and solutions, both through new investments and by transforming the existing portfolio, with our activities that seek to align with decarbonization pathways for the global real estate sector as published by the Carbon Risk Real Estate Monitor (CRREM).
1 IEA (2019), Global Status Report for Buildings and Construction 2019, IEA, Paris
PIMCO Prime Real Estate takes tangible steps to reduce the carbon footprint of the Allianz real estate portfolio which we manage and, in doing so, develop buildings for the environment and the communities that live and work in them.
When introducing a property investment opportunity to PIMCO Prime Real Estate you acknowledge that we are under no obligation to accept your introduction or enter into any agreement with you. Fees, commission or other payments in respect of introductions shall only be payable where there is a signed written agreement to that effect entered into between PIMCO Prime Real Estate and the introducer. By submitting an introduction to PIMCO Prime Real Estate you shall be deemed to have accepted the aforementioned terms.
"PIMCO Prime Real Estate” is a PIMCO company that includes PIMCO Prime Real Estate GmbH, PIMCO Prime Real Estate LLC, and their subsidiaries and affiliates: PIMCO Prime Real Estate GmbH (Company No. 158768, Seidlstrasse 24–24a, 80335 Munich, Germany), PIMCO Prime Real Estate GmbH Belgium Branch (VAT No. BE 0841.512.711, Boulevard Roi Albert II, 32, 1000 Brussels, Belgium), PIMCO Prime Real Estate GmbH France Branch (SIRET No. 509 339 669 00053, 50-52 Boulevard Haussmann, 75009 Paris, France), PIMCO Prime Real Estate GmbH Italy Branch (Numero REA MI-2107576, Piazza Tre Torri, 3 20145 Milano, Italy), PIMCO Prime Real Estate GmbH Spain Branch (NIF W2760686B, Paseo de La Castellana, 200 Edificio Spaces, 28046 Madrid, Spain), PIMCO Prime Real Estate GmbH Sweden Branch (VAT No. SE516411865401, Norrlandsgatan 18, 111 43 Stockholm, Sweden), PIMCO Prime Real Estate GmbH UK Branch (Company No. FC036236, 11 Baker Street, London W1U 3AH, United Kingdom), PIMCO Prime Real Estate Asia Pacific Pte Ltd (UEN 202000233H, 12 Marina View #17-02 Asia Square Tower 2, Singapore 018961), PIMCO Prime Real Estate (Shanghai) Co, Ltd (Company No. 91310115MA1K4KBT0L, Shanghai IFC, 8 Century Avenue, Pudong, Shanghai 200120, People’s Republic of China), PIMCO Prime Real Estate Japan GK (Company No. 0104-03-022895, 1-6-2 Marunouchi, Chiyoda-ku, Tokyo 100-0005, Japan), PIMCO Prime Real Estate LLC (File No. 5234055, 1633 Broadway, New York, NY 10019-6999, USA). 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 GmbH operates separately from PIMCO. 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 is a trademark of PIMCO LLC and PIMCO is a trademark of Allianz Asset Management of America LLC in the United States and throughout the world.