Newport Beach-based Pacific Investment Management Co. is taking over management of Munich-based Allianz Real Estate, forming a combined unit with $100 billion in assets. Pimco parent Allianz Group has a more-than 70-billion-euro ($79 billion) real estate portfolio in Europe, the U.S. and Asia-Pacific region, according to a Bloomberg News report. Pimco, which managed $1.91 trillion as of Dec. 31…


Pimco via Allianz Forms New $100B RE Business Unit

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