Allianz and Manulife to co-invest up to $1 billion in U.S. Real Estate

Allianz Real Estate of America and Manulife Asset Management Private Markets, the private asset management arm of the Canadian financial service provider Manulife, have entered into an arrangement to co-invest up to $1 billion (ca. € 810 million) in U.S. real estate.

As part of the co-invest, John...