Support: +91-22-61011756 / help@projectstoday.com

Help

1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

7-Day Free Trial

Increase your Business Opportunities

Free Trial See Sample Project

Allianz Real Estate to infuse USD 150 mn in office platform

Wednesday, 14 Aug 2019

Share this on :

Allianz Real Estate, part of Munich-based Allianz SE has pledged USD 150 million to an office development platform managed by the Godrej Group as part its expansion plan in India.

The investment is part of Allianz Real Estate’s strategy to allocate 50-60 percent to its real estate exposure within the Asia Pacific to fast growing markets such as China and India.

Under the platform Godrej BTC, the Godrej Group will be developing two office projects spanning around two million sq ft and apart from a current pipeline of 1.3 million sq ft in Benguluru, Karnataka.

While the platform is managed by Godrej Fund Management, Allianz, Godrej Group and a European pension manager each own a third of of it. In 2017, Allianz made its first investment in India through an office investment platform with Shapoorji Pallonji, followed by a logistics development venture with ESR in 2018.