Allianz, Columbia Form $1.3 Billion US Real Estate Venture – Bloomberg


Bloomberg

Allianz, Columbia Form $1.3 Billion US Real Estate Venture
Bloomberg
Allianz SE, Europe's biggest insurer, is partnering with Columbia Property Trust Inc. to create a $1.26 billion joint venture for U.S. real estate. The Munich-based insurer contributed an office tower at 114 Fifth Ave. in Manhattan that's valued at
Columbia Property Trust and Allianz Real Estate Form Joint Venture to Own Class-A Office Assets in the Nation's …Business Wire (press release)

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