Allianz Real Estate has committed $150 million (€134 million) to an office development platform as part of its strategy to allocate between 50% and 60% of its Asia Pacific real estate exposure to fast-growing markets such as China and in this case, India.
The closed-end office development platform, Godrej BTC (GBTC I), will be managed by India’s Godrej Group. It aims to develop grade-A offices in India’s tier one cities.
Allianz, Godrej and a European pension manager will each own a third of the office development platform while Godrej Fund Management will act as the investment manager, Allianz Real Estate said in a statement.
“We continue to believe in the long-term growth prospects of the Indian economy,” said Rushabh Desai, chief executive for Asia-Pacific at Allianz Real Estate.
“Strong demographic trends and improving transparency are supporting real estate occupier as well as investor demand, in particular the office sector, which is ideal for long-term institutional investors such as Allianz,” he added.
©2019 funds global asia 
At times like these, HSBC Asset Management easily pivots towards emerging markets.
The spotlight on growth markets and the need to be nimble and dynamic is ever-sharper, given the difficulty in predicting monetary policy in the world’s major nations.
A comprehensive, cost-effective, and transparent currency overlay hedging solution is crucial to mitigate FX exposure risks in the complex landscapes of Japan and China's FX markets, explains Hans Jacob Feder, PhD, global head of FX services at MUFG Investor Services.
Ross Dilkes, fixed income portfolio manager at Wellington Management, examines the opportunities and risks for bond investors presented by the region’s decarbonisation agenda.
Shareholders in Japan no longer accept below-par corporate governance standards. Changes are taking place, but there are still areas for improvement, says Tetsuro Takase at SuMi Trust.
Robert St Clair, head of investment strategy at Fullerton Fund Management, explores the reasons investors should be paying attention to the rising demand for healthcare in China.
China's internet market presents one of the most compelling long-term growth potentials for investors today, given the catalysts supporting the sector from both macro and fundamental perspectives, explains Dr Xiaolin Chen, head of international, KraneShares.
